Deutsche plans 8.25%-10.75% yield optimization notes on CME via UBS

By Marisa Wong

Madison, Wis., Aug. 19 - Deutsche Bank AG, London Branch plans to price 8.25% to 10.75% yield optimization notes with contingent protection due Aug. 31, 2011 linked to the common stock of CME Group, Inc., according to an FWP filing with the Securities and Exchange Commission.

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

Interest will be payable monthly. The exact coupon will be set at pricing.

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

The notes (Cusip: 25154N274) will price on Aug. 27 and settle on Aug. 31.

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

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