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Published on 11/2/2009 in the Prospect News Structured Products Daily.

Deutsche Bank plans enhanced participation securities linked to S&P 500

By Susanna Moon

Chicago, Nov. 2 - Deutsche Bank AG, London Branch plans to price 0% enhanced participation securities due Dec. 30, 2010 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, up to a maximum return of 18% to 21%. The exact cap will be set at pricing.

Investors will be exposed to any decline in the index.

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

Deutsche Bank Securities Inc. and Deutsche Bank Trust Co. Americas are the agents.


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