Deutsche Bank plans to sell review notes linked to Oracle stock

By Marisa Wong

Madison, Wis., Oct. 4 - Deutsche Bank AG, London Branch plans to price 0% review notes due Oct. 24, 2012 linked to the common stock of Oracle Corp., according to an FWP filing with the Securities and Exchange Commission.

The notes will be automatically called at par plus a call premium if the price of Oracle stock closes at or above the initial price on any quarterly review date. The call premium will be at least 7.75% if the notes are called on Jan. 19, 2012, at least 15.5% if called on April 19, 2012, at least 23.25% if called on July 19, 2012 and at least 31% if called on Oct. 19, 2012. The exact call premiums will be set at pricing.

If the notes are not called, the payout at maturity will be par if the final share price is at least 70% of the initial price. Otherwise, investors will lose 1% for every 1% share price decline.

The notes (Cusip: 2515A1DK4) are expected to price Oct. 7 and settle Oct. 13.

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

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