The document outlines a financial strategy by Deutsche Bank (DB) involving lending against non-standard collateral, specifically hard assets. It describes a 'put' structure where investors can purchase these assets at a discount if the borrower defaults. The document details the transaction process, including initiation, expiration, and exercise of the put option, and provides key terms such as principal, strike price, term, and premium.
documents/vol00010-efta01462215-pdf.pdf
{"title":"Hard Asset Put Structure","document_type":"correspondence","document_subtype":"memo","key_organizations":["Deutsche Bank","Deutsche Asset & Wealth Management"],"reference_numbers":["DB-SDNY-0124657","SDNY_GM_00270841","EFTA01462215"]}