Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for S&P MidCap 400 index > News item |
Deutsche Bank plans return optimization notes tied to S&P MidCap 400
By Toni Weeks
San Diego, Aug. 3 - Deutsche Bank AG, London Branch plans to price buffered return optimization securities due Aug. 30, 2013 linked to the S&P MidCap 400 index, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus 1.25 times any gain in the index, up to a maximum return of 19% to 23%. The exact cap will be set at pricing.
Investors will receive par if the index falls by up to 10% and will be exposed to any losses beyond 10%.
The notes (Cusip: 25154W340) are expected to price Aug. 26 and settle Aug. 31.
UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the underwriters.
© 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.