Deutsche Bank to price autocallable optimization securities linked to Anadarko stock via UBS

By E. Janene Geiss

Philadelphia, Sept. 15 - Deutsche Bank AG, London Branch plans to price 0% autocallable optimization securities with contingent protection due Sept. 22, 2011 linked to the common stock of Anadarko Petroleum Corp., according to an FWP filing with the Securities and Exchange Commission.

If Anadarko's shares close at or above the initial price on any of 12 monthly observation dates, the notes will be called automatically and investors will receive par of $10 plus a to-be-determined annualized call premium of 24% to 29%.

If the notes are not called, the payout at maturity will be par if the final share price is greater than or equal to 60% of the initial price. Otherwise, investors will be fully exposed to the decline.

The notes (Cusip: 25154N225) will price on Sept. 16 and settle on Sept. 21.

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

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