By Susanna Moon
Chicago, May 14 - Deutsche Bank AG, London Branch priced $10.4 million of 0% capped buffered underlying securities due Nov. 14, 2013 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.5 times any index gain, up to a maximum return of 17.25%.
Investors will receive par if the index falls by up to 20% and will lose 1.25% 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 index: | S&P 500
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Amount: | $10.4 million
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Maturity: | Nov. 14, 2013
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 150% of any gain, capped at 17.25%; par if index declines by 20% or less; 1.25% loss per 1% drop beyond 20%
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Initial index level: | 1,357.99
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Pricing date: | May 10
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Settlement date: | May 15
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Agent: | Deutsche Bank Securities Inc.
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Fees: | None
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Cusip: | 2515A1JX0
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