Deutsche Bank to price capped BUyS tied to S&P 500, S&P MidCap 400

By Marisa Wong

Milwaukee, June 25 - Deutsche Bank AG, London Branch plans to price 0% capped Buffered Underlying Securities due March 14, 2012 linked to a basket of indexes, according to an FWP filing with the Securities and Exchange Commission.

The equally weighted basket consists of the S&P 500 index and the S&P MidCap 400 index.

The payout at maturity will be par plus 1.1 times any basket gain, subject to a maximum return of 18.7% to 24.2% that will be set at pricing. Investors will receive par if the basket declines by 11% or less and will be exposed to any decline beyond 11%.

The BUyS are expected to price on July 9 and settle on July 14.

Deutsche Bank Securities Inc. is the agent.

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