E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 9/8/2015 in the Prospect News Structured Products Daily.

New Issue: Deutsche Bank prices $7.29 million capped BUyS linked to index basket

By Marisa Wong

Morgantown, W.Va., Sept. 8 – Deutsche Bank AG, London Branch priced $7.29 million of 0% capped buffered underlying securities due March 5, 2019 linked to a basket of equity indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the MSCI EAFE index with a 50% weight, the S&P MidCap 400 index with a 27% weight, the MSCI Emerging Markets index with a 13% weight and the Russell 2000 index with a 10% weight.

The payout at maturity will be par plus 147.57% of any basket gain, subject to a maximum return of 59.028%.

Investors will receive par if the basket declines by 20% or less and will lose 1.25% for every 1% decline beyond 20%.

Deutsche Bank Securities Inc. is the agent.

Issuer:Deutsche Bank AG, London Branch
Issue:Capped buffered underlying securities
Underlying basket:MSCI EAFE index (50% weight), S&P MidCap 400 index (27% weight), MSCI Emerging Markets index (13% weight) and Russell 2000 index (10% weight)
Amount:$7,285,000
Maturity:March 5, 2019
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.4757 times any basket gain, capped at 59.028%; par if the basket declines by 20% or less; 1.25% loss for every 1% decline beyond 20%
Initial levels:1,747.84 for MSCI EAFE, 1,426.23 for S&P MidCap, 820.25 for MSCI EM, 1,162.913 for Russell
Pricing date:Aug. 28
Settlement date:Sept. 2
Agent:Deutsche Bank Securities Inc.
Fees:None
Cusip:25152RL27

© 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.