New Issue: Deutsche Bank prices $3.48 million airbag performance notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., July 30 – Deutsche Bank AG, London Branch priced $3.48 million of 0% airbag performance securities due July 31, 2024 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 199.43% of the index return. If the index return is zero or negative but not less than negative 50%, the payout will be par. Otherwise, investors will lose 2% for every 1% that the index declines beyond 50%.

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

Issuer:	Deutsche Bank AG, London Branch
Issue:	Airbag performance securities
Underlying index:	Euro Stoxx 50
Amount:	$3.48 million
Maturity:	July 31, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 199.43% of index return; if index return is zero or negative but not less than negative 50%, par; otherwise, 2% loss for every 1% that index declines beyond 50%
Initial index level:	3,190.54
Pricing date:	July 29
Settlement date:	July 31
Agents:	UBS Financial Services Inc. and Deutsche Bank Securities Inc.
Fees:	5%
Cusip:	25155V697

© 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.