Deutsche Bank to price 8.25%-10.25% yield optimization notes linked to Citigroup via UBS

By Marisa Wong

Milwaukee, Feb. 4 - Deutsche Bank AG, London Branch plans to price 8.25% to 10.25% yield optimization notes with contingent protection due Feb. 17, 2012 linked to the common stock of Citigroup Inc., according to an FWP filing with the Securities and Exchange Commission.

Interest will be payable monthly, and the exact coupon will be set at pricing.

The face amount of each note will be equal to the closing stock price of Citigroup on the pricing date.

The payout at maturity will be par unless the final stock price is less than 75% of the initial price, in which case investors will receive one share of Citigroup per note.

The notes are expected to price Feb. 11 and settle Feb. 17.

UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the agents.

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