Deutsche Bank plans one-year review notes tied to S&P 500 via JPMorgan

By Susanna Moon

Chicago, March 21 - Deutsche Bank AG, London Branch plans to price 0% review notes due April 10, 2013 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

The notes will be called at par plus an annualized premium of at least 9.9% if the index closes at or above the initial level on any of four quarterly review dates beginning July 6.

If the notes are not called, investors will receive par if index falls by up to 10% and will lose 1.1111% for each 1% decline beyond 10%.

J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA are the agents.

The notes will price on March 23 and settle on March 28.

The Cusip number is 2515A1HQ7.

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