Deutsche Bank to price 0% contingent protection notes linked to Nikkei 225

By Jennifer Chiou

New York, Dec. 28 - Deutsche Bank, London Branch plans to price an issue of 0% contingent protection notes due Jan. 31, 2012 linked to the Nikkei 225 index, according to an FWP filing with the Securities and Exchange Commission.

If the index return is positive, investors will receive par plus the return multiplied by a participation rate of between 145% and 155%.

If the index return is negative, investors will receive par if the index has not closed below the trigger level of 50% during the life of the notes and will share in any losses if it has dropped below the trigger level.

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

The notes will price on Jan. 24 and settle on Jan. 31.

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