Deutsche Bank to price 8.25%-10.25% yield optimization notes linked to Weatherford via UBS

By Angela McDaniels

Tacoma, Wash., Dec. 7 - Deutsche Bank AG, London Branch plans to price 8.25% to 10.25% yield optimization notes with contingent protection due Dec. 21, 2011 linked to the common stock of Weatherford International Ltd., according to an FWP filing with the Securities and Exchange Commission.

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

Interest will be payable monthly, and the exact coupon will be set at pricing.

The face amount of each note will be equal to Weatherford's closing stock price on the pricing date.

The payout at maturity will be par unless the final price of Weatherford stock is less than 65% of the initial price, in which case investors will receive one Weatherford share per note.

The notes are expected to price Dec. 15 and settle Dec. 18.

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