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Published on 8/4/2009 in the Prospect News Structured Products Daily.

Deutsche Bank plans to price 0% BUyS due 2013 linked to S&P 500

By E. Janene Geiss

Philadelphia, Aug. 4 - Deutsche Bank AG, London Branch plans to price 0% Buffered Underlying Securities due Feb. 28, 2013 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 108% to 114% of any index gain, with the exact participation rate to be set at pricing. Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% that the index falls beyond 10%.

The notes are expected to price on Aug. 26 and settle on Aug. 31.

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


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