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Published on 3/2/2011 in the Prospect News Structured Products Daily.

Deutsche Bank plans buffered return optimization notes on S&P MidCap

By Susanna Moon

Chicago, March 2 - Deutsche Bank AG plans to price 0% buffered return optimization securities due March 28, 2013 linked to the S&P MidCap 400 index, according to an FWP with the Securities and Exchange Commission.

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

The payout at maturity will be par of $10 plus 1.25 times any gain in the index, up to a maximum return of 20.5% to 24.5%. The exact cap will be set at pricing.

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

The notes will price on March 28 and settle on March 31.

The Cusip is 25154P311.


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