Nexus2 Notes (Portfolio Linked Floating Rate Notes) (NXBHB) Summary
Nexus2 Notes [Matured]
| Type of Security |
Nexus2 Notes (Portfolio Linked Floating Rate Notes)* are debt securities designed to pay interest at a floating rate equal to BBSW+3.25% per annum, paid quarterly in arrears. |
|---|---|
| Rating | A BBB- investment grade rating by Standard & Poor's** |
| Term | 6 years. Nexus2 Notes (Portfolio Linked Floating Rate Notes) may be redeemed early or repaid late in certain circumstances as set out in the Prospectus. |
| Maturity Date | 16 December 2009 |
| Issue Price | $100 per Nexus2 Note (Portfolio Linked Floating Rate Note) |
| Issue Size | $70 million |
| Fees | Investors do not pay application, management or exit fees to Nexus. |
| ASX Listing | 22 December 2003 |
| ASX Code | NXBHB |
| Prospectus | View prospectus |
The repayment of the principal amount and payment of interest and the performance of Nexus, each as described in the Prospectus, are not guaranteed by Deutsche Bank AG (ABN 13 064 165 162), nor any related parties or associates of Deutsche Bank. Neither Deutsche Bank nor any of its related parties or associates makes any representation or gives any guarantee or assurance as to the performance of Nexus, the payment of interest on Nexus2 Notes (Portfolio Linked Floating Rate Notes), the repayment of amounts invested or any particular rate of overall return. Nexus2 Notes (Portfolio Linked Floating Rate Notes) do not represent a deposit or any other type of liability of Deutsche Bank or any related parties or associates of Deutsche Bank. Nexus2 Notes (Portfolio Linked Floating Rate Notes) are subject to investment risk, including possible delays in repayment, early redemption, reduced income and loss of principal invested.
This is not a recommendation or a statement of opinion (or a report of either of those things) to acquire Nexus2 Notes (Portfolio Linked Floating Rate Notes) and neither Nexus nor Deutsche Bank AG is acting as your advisor or assuming any duty of care in this respect. You need to make your own assessment as to the appropriateness of the investment and should consider seeking advice from your own advisors in making this assessment.
* Nexus2 Notes (Portfolio Linked Floating Rate Notes) are classified as unsecured notes for the purposes of Section 283BH of the Corporations Act 2001.
** The rating assigned to Nexus2 Notes (Portfolio Linked Floating Rate Notes) is not a recommendation to buy, sell or hold the securities and may be subject to change, suspension or withdrawal at any time by Standard & Poor's.