New Issue: Deutsche Bank prices $21.71 million 0% absolute return notes linked to MSCI EAFE

By Laura Lutz

Des Moines, July 2 - Deutsche Bank AG, London Branch priced a $21,712,300 issue of zero-coupon principal-protected absolute return barrier notes due Jan. 8, 2009 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index remains within the upper and lower index barriers during the life of the notes, the payout at maturity will be par of $10 plus the absolute value of the index return.

If the index ever closes above the upper index barrier or below the lower index barrier, the payout will be par.

The barriers are 26.5% above and below the initial index level.

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

Issuer:	Deutsche Bank AG, London Branch
Issue:	0% principal-protected absolute return barrier notes
Underlying index:	MSCI EAFE
Amount:	$21,712,300
Maturity:	Jan. 8, 2009
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus the absolute value of the index return if the index remains within the index barriers; otherwise, par
Initial index level:	2,243.72
Upper index barrier:	2,838.31, 126.5% of initial index level
Lower index barrier:	1,649.13, 73.5% of initial index level
Pricing date:	June 28
Settlement date:	July 3
Agents:	UBS Financial Services Inc. and Deutsche Bank Securities Inc.
Agent fees:	1.75%

© 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.