An ETN issuer announced that it has determined to redeem all outstanding …
PowerShares DB Crude Oil Double Long Exchange Traded Notes (the “Notes”).
Deutsche Bank provided notice of this redemption on September 9, 2009. The repurchase value of the Notes will be determined as of the date notice is given and payment of the repurchase value of the notes will be made on the third business day following the date of notice.
We will publish final repurchase values when such become available.
Accordingly, Tuesday, September 8, 2009 was the final day the Notes will be traded on NYSE Arca and the last day on which daily repurchases at the option of investors were accepted. Daily creations of Notes are no longer being accepted.
NYSE Arca suspended trading in the Notes prior to the opening of business on Wednesday, September 9, 2009.
Symbol: DXO
Issuer: Deutsche Bank
Issue Description: PowerShares DB Crude Oil Double Long Exchange Traded Notes
CUSIP: 25154K882
Source: ETFWorld.com – NYSE Arca
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