By Marisa Wong
Milwaukee, June 18 - Deutsche Bank AG, London Branch priced $10 million of 0% market contribution securities due June 20, 2013 linked to the Deutsche Bank Liquid Commodity Index-Mean Reversion Enhanced Total Return, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are putable on any of the 11 quarterly early redemption dates.
The payout at maturity or upon redemption will be par plus the index return, which could be positive or negative, minus an adjustment factor of about 2% per year.
If the index does not appreciate by 6.01% or more, investors will lose some or all of their initial investment.
Deutsche Bank Securities Inc. is the agent.
| Issuer: | Deutsche Bank AG, London Branch
|
| Issue: | Market contribution securities
|
| Underlying index: | Deutsche Bank Liquid Commodity Index-Mean Reversion Enhanced Total Return
|
| Amount: | $10 million
|
| Maturity: | June 20, 2013
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus the index return minus an adjustment factor of about 2% per year
|
| Put option: | On any of 11 quarterly observation dates at par plus index return minus adjustment factor
|
| Initial index level: | 377.6759
|
| Pricing date: | June 16
|
| Settlement date: | June 21
|
| Agent: | Deutsche Bank Securities Inc.
|
| Fees: | None
|
| Cusip: | 2515A05B5
|
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