Deutsche plans trigger performance securities linked to index basket

By Jennifer Chiou

New York, Nov. 13 - Deutsche Bank AG, London Branch plans to price 0% trigger performance securities due 2018 linked to the S&P 500 index with a 30% weight, the Euro Stoxx 50 index with a 30% weight and the MSCI Emerging Markets index with a 40% weight, according to an FWP with the Securities and Exchange Commission.

If the basket return is positive, the payout at maturity will be par of $10 plus 120.5% of the return.

Investors will receive par if the index falls by 50% or less and will be fully exposed to losses from the initial level if it falls by more than 50%.

The notes (Cusip: 25155G849) are expected to price in November.

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

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