Deutsche Bank plans 7%-9.5% trigger yield notes linked to Huntsman

By Angela McDaniels

Tacoma, Wash., May 9 - Deutsche Bank AG, London Branch plans to price 7% to 9.5% trigger yield optimization notes due May 17, 2013 linked to the common stock of Huntsman Corp., according to an FWP filing with the Securities and Exchange Commission.

Interest will be payable monthly. The exact coupon will be set at pricing.

The face amount of each note will be equal to the initial price of Huntsman stock.

The payout at maturity will be par unless the final price of Huntsman stock is less than 60% of the initial share price, in which case investors will receive one Huntsman share per note.

The notes (Cusip: 25154V243) are expected to price May 11 and settle May 17.

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

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