Published on 7/30/2008 in the Prospect News Structured Products Daily.
New Issue: Deutsche Bank prices $8.77 million return optimization securities linked to S&P 500 via UBS
New York, July 30 - Deutsche Bank AG, London Branch priced an $8.77 million issue of return optimization securities with partial protection due Aug. 3, 2009 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
UBS Financial Services and Deutsche Bank Securities Inc. are the agents.
The payout at maturity will be par of $10 plus triple any positive return on the index up to a maximum gain on 18.24%.
If the index declines, investors will share in any losses.
Issuer: | Deutsche Bank AG, London Branch
|
Issue: | Return optimization securities
|
Underlying index: | S&P 500
|
Amount: | $8,770,940
|
Maturity: | Aug. 3, 2009
|
Coupon: | 0%
|
Price: | Par of $10
|
Payout at maturity: | If index increases, par plus triple any index gain, capped at 18.24% return; full exposure to any decline
|
Pricing date: | July 28
|
Settlement date: | July 31
|
Agents: | UBS Financial Services Inc. and Deutsche Bank Securities Inc.
|
Fees: | 1.25%
|
© 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.