Deutsche Bank plans to sell capped BUyS linked to index fund basket

By Susanna Moon

Chicago, June 12 - Deutsche Bank AG, London Branch plans to price 0% capped Buffered Underlying Securities due June 30, 2011 linked to a basket of two equally weighted index funds, according to an FWP filing with the Securities and Exchange Commission.

The underlying components are the iShares FTSE/Xinhua China 25 index fund and the iShares MSCI Brazil index fund.

The payout at maturity will be par plus any basket gain, up to a maximum return of 47% to 53%. The exact cap will be set at pricing.

Investors will receive par if the basket falls by up to 20% and will be exposed to any declines beyond 20%.

The notes will price on June 25 and settle on June 30.

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

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