Deutsche Bank plans phoenix autocallables linked to GE via JPMorgan

By Susanna Moon

Chicago, March 28 - Deutsche Bank AG, London Branch plans to price phoenix autocallable securities due April 17, 2013 linked to General Electric Co. shares, according to a 424B2 filing with the Securities and Exchange Commission.

If General Electric stock closes at or above the 80% trigger level on a quarterly observation date, the issuer will pay an annualized contingent coupon of 11% for that quarter.

If the shares close at or above the initial price on a quarterly observation date, the notes will be called at par of $10 plus the contingent coupon.

If the notes are not called and GE shares finish at or above the trigger price, the payout at maturity will be par plus the contingent coupon.

Otherwise, investors will be exposed to any losses.

JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC are the agents.

The notes will price on March 30 and settle on April 4.

The Cusip is 2515A1HW4.

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