Deutsche Bank to sell protected escalator notes linked to equity, currency and commodity basket

By Susanna Moon

Chicago, Aug. 13 - Deutsche Bank AG, London Branch plans to issue zero-coupon principal-protection escalator notes due Sept. 16, 2013 linked to a basket of equity, currency and commodity indexes, according to an FWP filing with the Securities and Exchange Commission.

The basket consists of MSCI EAFE index with a 16.67% weight, the S&P 500 index with a 16.67% weight, the Deutsche Bank Balanced Currency Harvest index with a 33.33% weight and the Deutsche Bank Liquid Commodity Index - Mean Reversion Plus Excess Return with a 33.33% weight.

Payout at maturity will be par plus the greater of the basket return and the maximum lock-in level, which will be the highest lock-in level on any observation date. The lock-in levels are 30%, 55% and 75% above the initial basket level.

Investors will receive at least par.

The notes will price on Sept. 10 and settle on Sept. 17.

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

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