Deutsche Bank to price 0% principal-protected notes linked to index basket

By Angela McDaniels

Seattle, March 30 - Deutsche Bank AG, London Branch plans to price an offering of zero-coupon principal-protected notes due April 29, 2011 linked to a basket of indexes, according to an FWP filing with the Securities and Exchange Commission.

The basket will include the S&P 500 index with a 33.34% weight, the Dow Jones Euro Stoxx 50 index with a 33.33% weight and the Nikkei 225 index with a 33.33% weight.

The payout at maturity will be par of $10.00 plus any percentage increase in the basket level multiplied by the participation rate, which will be between 100% and 110% and will be determined at pricing. Investors will receive at least par.

The notes are expected to price on April 24 and settle on April 30.

UBS Financial Services Inc. and Deutsche Bank Securities Inc. will be the agents.

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