Deutsche Bank to sell buffered absolute return barrier notes linked to MSCI EAFE

By Susanna Moon

Chicago, April 3 - Deutsche Bank AG, London Branch plans to price zero-coupon buffered absolute return barrier securities due June 8, 2010 linked to the MSCI EAFE index, according to an FWP filing with the Securities and Exchange Commission.

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 plus the absolute value of the index return.

The upper barrier will be 143.8% of the initial index level and the lower index barrier will be 75% of the initial index level.

Investors will receive par if the index falls by up to 25% and will be exposed to losses beyond 25%.

The notes are expected to price on April 3 and settle on April 8.

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

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