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Published on 7/1/2013 in the Prospect News Structured Products Daily.

Deutsche Bank plans return optimization securities linked to S&P 500

By Marisa Wong

Madison, Wis., July 1 - Deutsche Bank AG, London Branch plans to price 0% return optimization securities due Aug. 29, 2014 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum return of 10.5% to 13.5% that will be set at pricing. If the final index level is less than the initial index level, investors will be fully exposed to the decline.

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

The notes are expected to price July 26 and settle July 31.

The Cusip number is 25155H128.


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