Deutsche Bank to price performance notes linked to Dow Jones - UBS Commodity

By Angela McDaniels

Tacoma, Wash., July 7 - Deutsche Bank AG, London Branch plans to price 0% performance securities with contingent protection due July 30, 2015 linked to the Dow Jones - UBS Commodity index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 115% to 125% of any index gain, with the exact participation rate to be set at pricing.

If the index return is between zero and negative 40%, the payout will be par.

If the index return is less than negative 40%, the payout will be par plus the return.

The notes are expected to price July 27 and settle July 30.

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

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