Deutsche Bank plans capped leveraged buffered notes tied to S&P 500

By Toni Weeks

San Luis Obispo, Calif., Dec. 12 - Deutsche Bank AG, London Branch plans to price 0% capped leveraged buffered index-linked notes tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are expected to mature 18 to 21 months after pricing.

If the index return is positive, the payout at maturity will be par plus 1.3 times the index return, subject to a maximum payment of $1,143 to $1,169 per $1,000 principal amount of notes. The exact maximum payment will be set at pricing.

Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% index decline beyond the 10% buffer.

The Cusip number is 25152RGH0.

Deutsche Bank Securities Inc. is the agent.

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