Deutsche Bank plans two-year capped leveraged notes linked to S&P 500

By Susanna Moon

Chicago, April 25 - Deutsche Bank AG, London Branch plans to price 0% Capped Leveraged Index Return Notes due May 2016 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 double any index gain, up to a maximum return of 10% to 14%.

Investors will receive par if the index falls by up to 10% and will be exposed to any losses beyond 10%

BofA Merrill Lynch is the underwriter.

The notes will price in May and settle in June.

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