Deutsche Bank plans absolute return barrier notes linked to Russell 2000

By Laura Lutz

Des Moines, Sept. 4 - Deutsche Bank AG, London Branch plans to price an issue of zero-coupon 100% principal protection absolute return barrier notes due March 31, 2009 linked to the Russell 2000 index, according to an FWP filing with the Securities and Exchange Commission.

The notes are expected to price on Sept. 25 and settle on Sept. 28.

If the index never closes above the upper index barrier or below the lower index barrier during the life of the notes, the payout at maturity will be par of $10 plus the absolute value of the index return.

If the index ever closes outside the index barriers, the payout will be par.

The upper and lower index barriers will be between 24% and 27% above and below the initial index level, respectively. The exact barriers will be set on the pricing date.

Deutsche Bank Securities Inc. is the agent.

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