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

Deutsche Bank to price capped knock-out notes linked to Intel stock

By Jennifer Chiou

New York, Dec. 20 - Deutsche Bank AG, London Branch plans to price 0% capped knock-out notes due Jan. 9, 2013 linked to the common stock of Intel Corp., according to an FWP with the Securities and Exchange Commission.

If the final share price of Intel stock is greater than or equal to 80% of the initial share price, the payout at maturity will be par plus the stock return, subject to a minimum return of 9.8% and a maximum return of 20%. Otherwise, investors will be fully exposed to the decline in the share price.

The notes (Cusip: 2515A1FU0) are expected to price on Dec. 22 and settle on Dec. 28.

J.P. Morgan Securities LLC is the placement agent.


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