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Published on 4/28/2011 in the Prospect News Structured Products Daily.

Deutsche Bank to price buffered return optimization securities linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., April 28 - Deutsche Bank AG, London Branch plans to price 0% buffered return optimization securities due May 31, 2013 linked to the Russell 2000 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 1.25 times any increase in the index, subject to a maximum return of 20.5% to 24.5% that will be set at pricing. Investors will receive par if the index falls by up to 15% and will lose 1% for every 1% that it declines beyond 15%.

The notes (Cusip: 25154W753) will price May 25 and settle May 31.

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


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