Published on 2/27/2014 in the Prospect News Structured Products Daily.
New Issue: Deutsche Bank prices $4.16 million leveraged buffered notes linked to MSCI EAFE
By Angela McDaniels
Tacoma, Wash., Feb. 27 - Deutsche Bank AG, London Branch priced $4.16 million of 0% capped leveraged buffered notes due Aug. 28, 2015 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.5 times the index return, subject to a maximum payment of $1,138 per $1,000 principal amount of notes. Investors will receive par if the index falls by 7.5% or less and will lose 1.0811% for every 1% that the index declines beyond 7.5%.
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: | $4.16 million
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Maturity: | Aug. 28, 2015
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 150% of any index gain, up to 13.8% maximum return; par if index falls by up to 7.5%; 1.0811% loss for every 1% decline beyond 7.5%
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Initial index level: | 1,938.4
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Pricing date: | Feb. 25
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Settlement date: | March 4
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Agent: | Deutsche Bank Securities Inc.
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Fees: | 1.34%
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Cusip: | 25152RJB0
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