Published on 9/26/2013 in the Prospect News Structured Products Daily.
New Issue: Deutsche Bank prices $1.28 million accelerated return notes on WisdomTree Japan fund
By Susanna Moon
Chicago, Sept. 26 - Deutsche Bank AG, London Branch priced $1.28 million of 0% accelerated return securities due March 30, 2016 linked to the WisdomTree Japan Hedged Equity fund, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 130% of any fund gain, up to a maximum return of 67.6%.
Investors will be exposed to any losses.
Deutsche Bank Securities Inc. is the agent.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Accelerated return securities
|
| Underlying fund: | WisdomTree Japan Hedged Equity fund
|
| Amount: | $1,275,000
|
| Maturity: | March 30, 2016
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 130% of any fund gain, capped at 67.6%; exposure to any losses
|
| Initial level: | $48.41
|
| Pricing date: | Sept. 24
|
| Settlement date: | Sept. 27
|
| Underwriter: | Deutsche Bank Securities Inc.
|
| Fees: | 2.5%
|
| Cusip: | 25152REV1
|
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