New York, Nov. 29 - Deutsche Bank AG, London Branch priced $10.93 million of 0% return optimization securities with contingent protection due Nov. 29, 2013 linked to a basket of exchange-traded funds, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the SPDR S&P 500 ETF Trust with a 30% weight, the iShares MSCI EAFE index fund with a 30% weight and the iShares MSCI Emerging Markets index fund with a 40% weight.
The payout at maturity will be par of $10 plus double any gain in the basket, up to a maximum of $14.10 per note.
Investors will receive par if the basket falls by up to 25% and will share in any losses if the basket declines by more than 25%.
UBS Financial Services Inc. and Deutsche Bank Securities are the underwriters.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Return optimization securities with contingent protection
|
| Underlying ETFs: SPDR S&P 500 ETF Trust (30% weight), iShares MSCI EAFE index fund (30% weight) and iShares MSCI Emerging Markets index fund (40% weight)
|
| Amount: | $19,925,950
|
| Maturity: | Nov. 29, 2013
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 200% of any basket gain, capped at 41%; par if basket falls by 25% or less; par plus basket return if basket falls beyond 25%
|
| Initial share prices: | $120.19 for SPDR; $56.32 for EAFE and $45.95 for Emerging Markets
|
| Pricing date: | Nov. 24
|
| Settlement date: | Nov. 30
|
| Underwriters: | UBS Financial Services Inc. and Deutsche Bank Securities
|
| Fees: | 2.5%
|
| Cusip: | 25154P709
|
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