New Issue: Deutsche Bank prices $2.66 million 0% performance securities linked to Tel-Aviv 25

By Laura Lutz

Des Moines, June 27 - Deutsche Bank AG, London Branch priced $2,660,080 of 0% performance securities with partial protection due June 30, 2010 linked to the Tel-Aviv 25 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial level, the payout at maturity will be par of $10 plus the return on the index multiplied by a 104% participation rate.

If the index declines by up to 25%, investors will receive par. Investors will lose 1% for each 1% decline beyond 25%.

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

Issuer:	Deutsche Bank AG, London Branch
Issue:	0% performance securities with partial protection
Amount:	$2,660,080
Underlying index:	Tel-Aviv 25 index
Maturity:	June 30, 2010
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 104% of any basket gain; par if basket loses 25% or less; investors share in losses beyond 25%
Initial level:	1,120.52
Pricing date:	June 15
Settlement date:	June 21
Underwriters:	UBS Financial Services Inc., Deutsche Bank Securities Inc.
Fees:	2.5%

© 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.