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Published on 12/14/2010 in the Prospect News Structured Products Daily.

Deutsche Bank plans buffered return enhanced notes linked to S&P 500

By Jennifer Chiou

New York, Dec. 14 - Deutsche Bank AG, London Branch plans to price 0% buffered return enhanced notes due Jan. 6, 2012 linked to the S&P 500 index, according to an FWP with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, subject to a maximum return of at least 10.64% that will be set at pricing. Investors will receive par if the index declines by 10% or less and will lose 1.1111% for every 1% that it declines beyond 10%.

The notes (Cusip: 2515A12F7) are expected to price on Dec. 17 and settle on Dec. 22.

JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC are the agents.


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