Deutsche Bank plans strategy notes linked to two commodity indexes

By Susanna Moon

Chicago, Aug. 2 - Deutsche Bank AG, London Branch plans to price 0% commodities strategy securities due Aug. 20, 2013 linked to the Deutsche Bank Commodity Booster DJ UBS 14 TV Index Excess Return and the Deutsche Bank Commodity Harvest - 10 Index USD Total Return, according to an FWP filing with the Securities and Exchange Commission.

The basket level on any day equals 100 plus the indexes' returns on that day minus the adjustment factor, which is a flat 0.75% plus an additional 2.5% per year.

The payout at maturity will be par plus the basket return, with exposure to any losses.

The notes will be called if the basket level not including the adjustment factor falls below 40. Investors will receive par plus the basket return calculated on the day after the call is triggered.

Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas are the agents.

The notes will price on Aug. 15 and settle on Aug. 18.

The Cusip is 2515A1B91.

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