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

By Susanna Moon

Chicago, Jan. 24 - Deutsche Bank AG, London Branch plans to price 0% leveraged buffered notes linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are expected to mature 15 and 18 months after pricing.

The payout at maturity will be par plus 1.2 times any index gain, up to a maximum payment of $1,126 to $1,156 per $1,000 principal amount of notes. The exact cap 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% decline beyond 10%.

Deutsche Bank Securities Inc. is the agent.

The Cusip is 25152RHD8.

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