Published on 5/22/2012 in the Prospect News Structured Products Daily.
New Issue: Deutsche Bank prices $816,000 capped BUyS linked to equity basket
By Toni Weeks
San Diego, May 22 - Deutsche Bank AG, London Branch priced $816,000 of 0% capped buffered underlying securities due May 25, 2016 linked to a basket of equity components, according to a 424B2 filing with the Securities and Exchange Commission.
The basket includes the S&P 500 index, the Russell 2000 index and the iShares MSCI EAFE index fund, equally weighted.
The payout at maturity will be par plus 1.25 times any basket gain, subject to a maximum return of 70%.
Investors will receive par if the basket declines by 20% or less and will lose 1% for every 1% decline beyond 20%.
Deutsche Bank Securities Inc. is the agent.
Issuer: | Deutsche Bank AG, London Branch
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Issue: | Capped buffered underlying securities
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Underlying components: | S&P 500 index, Russell 2000 index and iShares MSCI EAFE index fund, equally weighted
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Amount: | $816,000
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Maturity: | May 25, 2016
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 125% of any basket gain, capped at 70%; par if basket declines by 20% or less; 1% loss per 1% drop beyond 20%
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Initial levels: | 1,295.22 for S&P 500, 747.21 for Russell, $48.13 for iShares MSCI EAFE
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Pricing date: | May 18
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Settlement date: | May 25
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Agent: | Deutsche Bank Securities Inc.
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Fees: | 2.75%
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Cusip: | 2515A1JQ5
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