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Published on 1/3/2013 in the Prospect News Structured Products Daily.

Deutsche Bank plans to price capped BUyS linked to equity basket

By Toni Weeks

San Diego, Jan. 3 - Deutsche Bank AG, London Branch plans to price 0% capped buffered underlying securities due Jan. 30, 2015 linked to a basket of equity indexes, according to an FWP filing with the Securities and Exchange Commission.

The basket includes equal weights of the S&P 500 index and the Russell 2000 index.

The payout at maturity will be par plus double any gain in the basket, subject to a maximum return of 8% to 16% that will be set at pricing.

Investors will receive par if the basket declines by 10% or less and will lose 1% for every 1% decline beyond 10%.

The notes (Cusip: 25152RAY9) are expected to price Jan. 28 and settle Jan. 31.

Deutsche Bank Securities Inc. is the agent.


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