Published on 3/28/2013 in the Prospect News Structured Products Daily.
New Issue: Deutsche prices $3.75 million return optimization notes on Russell 2000
By Jennifer Chiou
New York, March 28 - Deutsche Bank AG, London Branch priced $3,747,650 of 0% return optimization securities due April 30, 2014 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus triple any gain in the index, up to a maximum return of 14.18%.
Investors will share in any losses.
UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the agents.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Return optimization securities
|
| Underlying index: | Russell 2000
|
| Amount: | $3,747,650
|
| Maturity: | April 30, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 300% of any index gain, capped at 14.18%; exposure to losses
|
| Initial index level: | 945.85
|
| Pricing date: | March 25
|
| Settlement date: | March 28
|
| Agents: | UBS Financial Services Inc. and Deutsche Bank Securities Inc.
|
| Fees: | 2%
|
| Cusip: | 25155H706
|
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