Published on 3/12/2014 in the Prospect News Structured Products Daily.
New Issue: Deutsche prices $6.22 million capped leveraged notes tied to MSCI EAFE
By Jennifer Chiou
New York, March 12 - Deutsche Bank AG, London Branch priced $6,216,000 of 0% capped leveraged index-linked notes due Sept. 15, 2015 tied to the MSCI EAFE 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 1.75 times the index return, subject to a maximum payment of $1,264.25 per $1,000 principal amount of notes.
Investors will share in any losses.
Deutsche Bank Securities Inc. is the agent.
Issuer: | Deutsche Bank AG, London Branch
|
Issue: | Capped leveraged notes
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Underlying index: | MSCI EAFE
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Amount: | $6,216,000
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Maturity: | Sept. 15, 2015
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Coupon: | 0%
|
Price: | Par
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Payout at maturity: | Par plus 175% of any index gain, capped at 26.425%; exposure to losses
|
Initial level: | 1,916.73
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Pricing date: | March 10
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Settlement date: | March 17
|
Agent: | Deutsche Bank Securities Inc.
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Fees: | 1.35%
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Cusip: | 25152RJH7
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