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Published on 5/1/2012 in the Prospect News Structured Products Daily.

Deutsche Bank plans to price capped BUyS linked to indexes, ETF

By Angela McDaniels

Tacoma, Wash., May 1 - Deutsche Bank AG, London Branch plans to price 0% capped buffered underlying securities due May 25, 2016 linked to a basket of equity components, according to an FWP filing with the Securities and Exchange Commission.

The basket includes the S&P 500 index, the Russell 2000 index and the iShares MSCI EAFE index fund, equally weighted.

The payout at maturity will be par plus 125% of any basket gain, subject to a maximum return of 63.5% to 73.5% that will be set at pricing. Investors will receive par if the basket declines by 20% or less and will lose 1% for every 1% that it declines beyond 20%.

The notes (Cusip: 2515A1JQ5) are expected to price May 18 and settle May 25.

Deutsche Bank Securities Inc. is the agent.


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