Deutsche Bank plans 7%-9.5% one-year trigger yield optimization notes linked to BHP Billiton

By Toni Weeks

San Diego, Feb. 6 - Deutsche Bank AG, London Branch plans to price 7% to 9.5% trigger yield optimization notes due Feb. 15, 2013 linked to the American Depositary Shares of BHP Billiton Ltd., according to an FWP filing with the Securities and Exchange Commission.

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

The face amount of each note will be equal to the initial price of BHP Billiton ADSs.

The payout at maturity will be par unless the final price is less than 80% of the initial price, in which case investors will receive one BHP Billiton ADS per note.

The notes (Cusip: 25154V888) will price Feb. 10 and settle Feb. 15.

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

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