Deutsche Bank to price contingent absolute return autocallables linked to iShares MSCI Emerging Markets

By Angela McDaniels

Tacoma, Wash., April 10 - Deutsche Bank AG, London Branch plans to price 0% contingent absolute return autocallable optimization securities due April 19, 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 called at par plus an annualized call premium of 8% to 11% if the exchange-traded fund's shares close at or above the initial share price on any quarterly observation date. The exact call premium will be set at pricing.

If the notes are not called and the final share price is greater than or equal to the trigger price, 75% of the initial share price, the payout at maturity will be par plus the absolute value of the ETF return. Otherwise, investors will be fully exposed to the ETF decline.

The notes (Cusip: 25154V433) are expected to price April 13 and settle April 18.

UBS Financial Services Inc. and Deutsche Bank Securities Inc. are the agents.

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