Deutsche Bank plans autocallable notes on Halliburton via JPMorgan

By Toni Weeks

San Diego, Aug. 16 - Deutsche Bank AG, London Branch plans to price 8.1% autocallable securities due Aug. 21, 2013 linked to the common stock of Halliburton Co., according to an FWP filing with the Securities and Exchange Commission.

Interest is payable quarterly

The notes will be automatically called at par plus the coupon if the price of Halliburton shares finishes at or above its initial price on any quarterly call date.

If the notes are not called, the payout at maturity will be par unless the share price falls below 65% of the initial share price on the Aug. 16, 2013 final valuation date, in which case investors will be fully exposed to the decline in the stock price.

The notes (Cusip: 2515A1LF6) are expected to price Aug. 16 and settle Aug. 21.

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

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