| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers R > Headlines for Russell 2000 index > News item |
Deutsche Bank plans trigger performance notes linked to Russell 2000
By Angela McDaniels
Tacoma, Wash., Aug. 7 – Deutsche Bank AG, London Branch plans to price 0% trigger performance securities due Aug. 29, 2025 linked to the Russell 2000 index, according to an FWP filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par of $10 plus 133% to 153% of the index return. The exact participation rate will be set at pricing.
If the index return is zero or negative and the index’s final level is greater than or equal to the trigger level, 50% of the initial index level, the payout will be par.
If the final index level is less than the trigger level, investors will be fully exposed to the decline in the index from its initial level.
UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the agents.
The notes are expected to price Aug. 26 and settle Aug. 31.
The Cusip number is 25190J550.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.