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Published on 1/3/2013 in the Prospect News Structured Products Daily.

Deutsche Bank plans return optimization securities linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Jan. 3 - Deutsche Bank AG, London Branch plans to price 0% return optimization securities due Feb. 28, 2014 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus triple the index gain, subject to a 12.5% to 16% cap that will be set at pricing. If the index return is negative, investors will be fully exposed to the decline.

The notes are expected to price Jan. 28 and settle Jan. 31.

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

The Cusip number is 25154S380.


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