By Susanna Moon
Chicago, March 16 - Deutsche Bank AG, London Branch priced $4.5 million of 0% performance securities due March 19, 2013 linked to a basket of six equally weighted currencies relative to the dollar, according to a 424B2 filing with the Securities and Exchange Commission.
The underlying currencies are Chinese renminbi, the Indonesian rupiah, the Korean won, the Malaysian ringgit, the Philippine peso and the Thai baht.
The payout at maturity will be par of $10 plus 2.59 times any gain in the basket.
Investors will be exposed to any losses.
UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the underwriters.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Performance securities
|
| Underlying currencies: | Chinese renminbi, the Indonesian rupiah, the Korean won, the Malaysian ringgit, the Philippine peso and the Thai baht, equally weighted against the dollar
|
| Amount: | $4.5 million
|
| Maturity: | March 19, 2013
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 259% of any basket gain; exposure to losses
|
| Pricing date: | March 14
|
| Settlement date: | March 17
|
| Underwriters: | UBS Financial Services Inc. and Deutsche Bank Securities Inc.
|
| Fees: | 2%
|
| Cusip: | 25154P 337
|
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