Deutsche Bank plans 8%-10.5% trigger yield optimization notes linked to SunTrust Banks

By Angela McDaniels

Tacoma, Wash., June 5 - Deutsche Bank AG, London Branch plans to price 8% to 10.5% trigger yield optimization notes due June 13, 2013 linked to the common stock of SunTrust Banks, Inc., according to an FWP filing with the Securities and Exchange Commission.

The exact coupon will be set at pricing. Interest will be payable monthly.

The face amount of each note will be equal to the initial price of SunTrust stock.

The payout at maturity will be par unless the final price of SunTrust stock is less than 65% of the initial share price, in which case investors will receive one SunTrust share per note.

The notes (Cusip: 25154X736) are expected to price June 7 and settle June 12.

UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the agents.

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