Deutsche Bank to price BUyS linked to index basket

By E. Janene Geiss

Philadelphia, Aug. 5 - Deutsche Bank AG, London Branch plans to price 0% Buffered Underlying Securities due Feb. 26, 2010 linked to a basket of indexes, according to an FWP filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 and Russell 2000, each with a 33.33% weight, along with the MSCI EAFE index with a 33.34% weight.

Payout at maturity will be par plus double any basket gain, subject to a maximum return of 15.5% to 19.5%. The exact cap will be set at pricing.

Investors will receive par if the index falls by 10% or less and will lose 1% for every 1% decline beyond 10%.

The notes are expected to price Aug. 26 and settle Aug. 29.

Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas will be the agents.

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