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 buffered notes on real estate ETF, Russell 2000
By Tali Rackner
Norfolk, Va., Dec. 23 – Deutsche Bank AG, London Branch plans to price 0% buffered notes due July 3, 2019 linked to an equally weighted basket of the iShares U.S. Real Estate exchange-traded fund and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the basket finishes at or above the 85% buffer level, the payout at maturity will be par plus 140.5% to 145.5% of any basket gain. The exact participation rate will be set at pricing.
Otherwise, investors will lose 1.17647% for every 1% that the basket declines past the buffer.
Deutsche Bank Securities Inc. is the agent.
The notes will price on Dec. 28 and settle on Dec. 31.
The Cusip number is 25152RYH0.
© 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.