| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers D > Headlines for Deutsche Bank AG, London Branch > News item |
Deutsche Bank plans trigger autocallable optimization notes on S&P 500
By Marisa Wong
Madison, Wis., Jan. 16 – Deutsche Bank AG, London Branch plans to price 0% trigger autocallable optimization securities due Jan. 27, 2017 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.
The notes will be called at par of $10 plus a call return of 7% to 9% annualized if the index closes at or above the initial share price on any quarterly observation date.
The payout at maturity will be par unless the index finishes below the 78% trigger level, in which case investors will be fully exposed to any losses.
UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the agents.
The notes will price on Jan. 23 and settle on Jan. 28.
The Cusip number is 25190E577.
© 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.