Deutsche plans 7.75%-10.25% yield optimization notes linked to Intercontinental Exchange via UBS

By Jennifer Chiou

New York, March 3 - Deutsche Bank AG, London Branch plans to price 7.75% to 10.25% yield optimization notes with contingent protection due March 11, 2011 linked to the common stock of Intercontinental Exchange 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 Intercontinental Exchange on the pricing date.

The payout at maturity will be par unless the final stock price is less than 80% of the initial price, in which case investors will receive one share of Intercontinental Exchange per note.

The notes are expected to price on March 5 and settle on March 10.

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

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