Published on 2/8/2016 in the Prospect News Structured Products Daily.
New Issue: Deutsche Bank prices $2.24 million leveraged buffered notes linked to MSCI EAFE
By Angela McDaniels
Tacoma, Wash., Feb. 8 – Deutsche Bank AG, London Branch priced $2.24 million of 0% capped leveraged buffered notes due Sept. 8, 2017 linked 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 150% of the index return, subject to a maximum settlement amount of $1,258 per $1,000 principal amount of notes. Investors will receive par if the index declines by 12.5% or less and will lose 1.14286% for every 1% that the index declines beyond 12.5%.
Deutsche Bank Securities Inc. is the agent.
Issuer: | Deutsche Bank AG, London Branch
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Issue: | Capped leveraged buffered notes
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Underlying index: | MSCI EAFE
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Amount: | $2.24 million
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Maturity: | Sept. 8, 2017
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If index return is positive, par plus 150% of index return, subject to maximum settlement amount of $1,258 per $1,000 principal amount of notes; par if index declines by 12.5% or less; 1.14286% loss for every 1% that index declines beyond 12.5%
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Initial index level: | 1,584.26
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Pricing date: | Feb. 4
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Settlement date: | Feb. 11
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Agent: | Deutsche Bank Securities Inc.
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Fees: | None
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Cusip: | 25152RZF3
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