Published on 3/1/2012 in the Prospect News Structured Products Daily.
New Issue: Deutsche Bank prices $9.25 million 6.31% securities linked to MSCI EAFE
By Angela McDaniels
Tacoma, Wash., March 1 - Deutsche Bank AG, London Branch priced $9.25 million of 6.31% securities due Dec. 10, 2012 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
If the final index level is at least 80% of the initial index level, the payout will be par. Otherwise, investors will lose 1.25% for every 1% that the index declines beyond 20%.
Deutsche Bank Securities Inc. is the underwriter.
Issuer: | Deutsche Bank AG, London Branch
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Issue: | Securities
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Underlying index: | MSCI EAFE
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Amount: | $9.25 million
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Maturity: | Dec. 10, 2012
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Coupon: | 6.31%, payable monthly
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Price: | Par
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Payout at maturity: | Par if final index level is at least 80% of initial index level; otherwise, 1.25% loss for every 1% that index declines beyond 20%
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Initial index level: | 1,581.28
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Pricing date: | Feb. 28
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Settlement date: | March 2
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Underwriter: | Deutsche Bank Securities Inc.
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Fees: | None
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Cusip: | 2515A1HA2
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