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Published on 10/12/2011 in the Prospect News Structured Products Daily.

Deutsche Bank plans enhanced participation securities tied to S&P 500

By Susanna Moon

Chicago, Oct. 12 - Deutsche Bank AG, London Branch plans to price 0% enhanced participation securities due Feb. 13, 2015 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.224 to 1.32 times any gain in the index, with the exact participation rate to be set at pricing.

Investors will receive par if the index falls by up to 40% and will be fully exposed to the decline from the initial level if the index falls by more than 40%.

Deutsche Bank Securities Inc. is the agent.

The notes will price on Nov. 10 and settle on Nov. 15.

The Cusip number is 2515A1DR9.


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