Deutsche Bank plans autocallables tied to iShares MSCI Emerging Markets

By Angela McDaniels

Tacoma, Wash., Aug. 1 - Deutsche Bank AG, London Branch plans to price 0% autocallable securities due Aug. 7, 2013 linked to the iShares MSCI Emerging Markets index fund, according to an FWP filing with the Securities and Exchange Commission.

The notes will be automatically redeemed at par plus a call premium of 12.82% to 15.96% if the fund's shares close at or above the initial share price on Feb. 2, 2012, Aug. 2, 2012, Nov. 2, 2012, Feb. 4, 2013, May 2, 2013 or Aug. 2, 2013. The exact call premium will be set at pricing.

If the notes are not called and the final share price is at least 80% of the initial share price, the payout at maturity will be par. If the final share price is less than 80% of the initial share price, investors will be fully exposed to the decline from the initial share price.

The notes (Cusip: 2515A1B67) are expected to price Aug. 2 and settle Aug. 5.

Deutsche Bank Securities Inc. is the agent.

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