Deutsche plans market contribution notes on DB Liquid Commodity

By Jennifer Chiou

New York, July 12 - Deutsche Bank AG, London Branch plans to price market contribution securities due July 18, 2012 linked to the Deutsche Bank Liquid Commodity Index-Mean Reversion Plus Total Return, according to an FWP with the Securities and Exchange Commission.

The monthly coupon will be the greater of Libor minus 25 basis points and zero.

The payout at maturity will be par of $10,000 plus the index return, which could be positive or negative, minus an adjustment factor of 0.85% per year and the TBill return, which uses the 91-day Treasury weekly high auction rate.

The notes (Cusip: 2515A18W4) are expected to price on July 13 and settle on July 19.

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

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