Published on 6/12/2012 in the Prospect News Structured Products Daily.
New Issue: Deutsche Bank prices $4.94 million digital payment securities tied to iShares MSCI EAFE
By Toni Weeks
San Diego, June 12 - Deutsche Bank AG, London Branch priced $4.94 million of 0% digital payment securities due Dec. 12, 2013 linked to the iShares MSCI EAFE index fund, according to a 424B2 filing with the Securities and Exchange Commission.
If the fund finishes at or above the initial share price, the payout at maturity will be par plus $1,212 per $1,000 principal amount.
Investors will receive par if the shares fall by up to 10% and will lose 1% for every 1% decline beyond 10%.
Deutsche Bank Securities Inc. is the agent.
Issuer: | Deutsche Bank AG, London Branch
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Issue: | Digital payment securities
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Underlying ETF: | iShares MSCI EAFE index fund
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Amount: | $4,939,000
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Maturity: | Dec. 12, 2013
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If final share price is greater than or equal to initial share price, par plus 21.2%; par if share price declines by 10% or less; 1% loss for every 1% that share price declines beyond 10%
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Initial share price: | $48.51
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Pricing date: | June 8
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Settlement date: | June 13
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Agent: | Deutsche Bank Securities Inc.
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Fees: | 1.5%
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Cusip: | 2515A1KA8
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