Deutsche plans to price review notes tied to S&P 500 via JPMorgan

By Jennifer Chiou

New York, March 27 - Deutsche Bank AG, London Branch plans to price 0% review notes due April 17, 2013 linked to the S&P 500 index, according to an FWP with the Securities and Exchange Commission.

The notes will be called at par plus an annualized premium of at least 8.2% if the index closes at or above the initial level on any of four quarterly review dates beginning on July 12.

If the notes are not called, investors will receive par if index falls by up to 10% and will lose 1.1111% for each 1% decline beyond 10%.

The notes (Cusip: 2515A1HT1) are expected to price on March 30 and settle on April 4.

J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the placement agents.

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