Deutsche Bank plans contingent absolute return autocallables on Ford

By Angela McDaniels

Tacoma, Wash., July 10 - Deutsche Bank AG, London Branch plans to price 0% contingent absolute return autocallable optimization securities due July 19, 2013 linked to the common stock of Ford Motor Co., according to an FWP filing with the Securities and Exchange Commission.

The notes will be called at par of $10 plus an annualized call premium of 10% to 13% if Ford stock closes at or above the initial share price on any quarterly observation date. The exact call premium will be set at pricing.

If the notes are not called and the final share price is greater than or equal to the trigger price, 75% of the initial share price, the payout at maturity will be par plus the absolute value of the stock return. Otherwise, investors will be fully exposed to the stock decline.

The notes are expected to price July 12 and settle July 17.

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

The Cusip number is 25154X561.

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