By Susanna Moon
Chicago, Feb. 20 - Deutsche Bank AG, London Branch priced $12.5 million of securities due Jan. 22, 2010 linked to the Dow Jones - AIG Commodity Index Total Return, according to a 424B2 filing with the Securities and Exchange Commission.
Interest is Libor minus 16 basis points, payable monthly.
Payout at maturity will be par plus triple the sum of the index return minus the Treasury bill return minus an adjustment factor.
The securities are putable and will be called if the index falls by 15% or more with the payout calculated the same way as at maturity.
Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas are the agents.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Securities
|
| Underlying index: | Dow Jones - AIG Commodity Index Total Return
|
| Amount: | $12.5 million
|
| Maturity: | Jan. 22, 2010
|
| Coupon: | Libor minus 16 bps, payable monthly
|
| Price: | Par
|
| Payout at maturity: | Par plus triple sum of index return minus T-bill return minus the adjustment factor
|
| Call: | If index falls by up to 15%; payout determined in same way as at maturity
|
| Initial index level: | 205.492
|
| Pricing date: | Feb. 18
|
| Settlement date: | Feb. 23
|
| Agents: | Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas
|
| Fees: | None
|
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