New Issue: Deutsche Bank prices $19.46 million buffered return optimization notes tied to S&P 500

By Susanna Moon

Chicago, Jan. 30 - Deutsche Bank AG, London Branch priced $19.46 million of 0% buffered return optimization securities due Feb. 28, 2014 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 triple any gain in the index, up to a maximum return of 12.5%.

Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% that it declines beyond 10%.

UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the agents.

Issuer:	Deutsche Bank AG, London Branch
Issue:	Buffered return optimization securities
Underlying index:	S&P 500
Amount:	$19,458,500
Maturity:	Feb. 28, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any index gain, capped at 12.5%; par if index declines by up to 10%; 1% loss per 1% drop beyond 10%
Initial index level:	1,500.18
Pricing date:	Jan. 28
Settlement date:	Jan. 31
Agents:	UBS Financial Services Inc. and Deutsche Bank Securities Inc.
Fees:	2%
Cusip:	25154S380

© 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.