Deutsche Bank to price capped BUyS linked to index basket

By Jennifer Chiou

New York, Sept. 23 - Deutsche Bank AG, London Branch plans to price 0% capped Buffered Underlying Securities due April 6, 2010 linked to a basket of indexes, according to an FWP filing with the Securities and Exchange Commission.

The basket includes the S&P 500 with a 33.3% weight, the Russell 2000 with a 33.3% weight and the MSCI EAFE with a 33.4% weight.

The payout at maturity will be par plus any basket gain, capped at a return of 18.2% to 22.2%. The exact cap will be set at pricing.

Investors will receive par if the index declines by 15% or less and will lose 1% for each 1% decline beyond 15%.

The securities are expected to price on Oct. 1 and settle on Oct. 6.

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

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