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Published on 2/23/2012 in the Prospect News Structured Products Daily.

Deutsche plans 7.8%-10.3% trigger yield optimization notes on SanDisk

By Jennifer Chiou

New York, Feb. 23 - Deutsche Bank AG, London Branch plans to price 7.8% to 10.3% trigger yield optimization notes due Feb. 28, 2013 linked to the common stock of SanDisk Corp., according to an FWP with the Securities and Exchange Commission.

Interest will be payable monthly. The exact coupon will be set at pricing.

The face amount of each note will be equal to the initial price of SanDisk stock.

The payout at maturity will be par unless the final price of SanDisk stock is less than 75% of the initial share price, in which case investors will receive one SanDisk share per note.

The notes (Cusip: 25154V839) will price on Feb. 27 and settle on Feb. 29.

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


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