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Published on 12/20/2011 in the Prospect News Structured Products Daily.

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

By Toni Weeks

San Diego, Dec. 20 - Deutsche Bank AG, London Branch plans to price 0% buffered return enhanced notes due Jan. 9, 2013 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, up to a maximum return of 16.8%.

Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% drop beyond 10%.

The notes (Cusip: 2515A1FT3) are expected to price Dec. 22 and settle Dec. 28.

J.P. Morgan Securities LLC will be the agent.


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