Deutsche Bank to price Accelerated Return Notes linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., Feb. 4 - Deutsche Bank AG, London Branch plans to price 0% Accelerated Return Notes due February 2016 linked to the Russell 2000 index, according to an FWP filing with the Securities and Exchange Commission.

The initial index level will be the lowest closing level of the index during a two-month period beginning on the pricing date. The final index level will be the average of its closing levels on five trading days shortly before maturity.

If the index return is positive, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum return of 14% to 18%. The exact cap will be set at pricing.

If the index return is negative, investors will have 1-to-1 exposure to the decline.

BofA Merrill Lynch is the agent.

The notes will price in February and settle in March.

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