Deutsche Bank plans one-year knock-out notes on Intel with 20% cap

By Susanna Moon

Chicago, Jan. 4 - Deutsche Bank AG, London Branch plans to price 0% capped knock-out notes due Jan. 24, 2013 linked to Intel Corp. shares, according to an FWP with the Securities and Exchange Commission.

If Intel stock finishes at or above 80% of the initial share price, the payout at maturity will be par plus any gain, with a minimum return of 8.45% and a maximum return of 20%.

Otherwise, investors will be fully exposed to any losses.

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

The notes will price on Jan. 6 and settle on Jan. 11.

The Cusip number is 2515A1G47.

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