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Published on 1/25/2011 in the Prospect News Structured Products Daily.

Deutsche plans contingent return optimization notes on Russell 2000

By Marisa Wong

Madison, Wis., Jan. 25 - Deutsche Bank AG, London Branch plans to price 0% contingent return optimization securities due Jan. 31, 2013 linked to the Russell 2000 index, according to an FWP filing with the Securities and Exchange Commission.

If the final index level is at least 75% of the initial index level, the payout at maturity will be par of $10 plus the index return, subject to a minimum return of 10% and a maximum return of 27% to 32%. The exact cap will be set at pricing.

If the final index level is less than 75% of the initial level, investors will be fully exposed to the index decline from the initial level.

The securities (Cusip: 25154P485) will price on Jan. 26 and settle on Jan. 31.

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


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