Deutsche Bank plans trigger autocallables linked to Baker Hughes

By Susanna Moon

Chicago, June 14 - Deutsche Bank AG, London Branch plans to price 0% trigger autocallable optimization securities due June 21, 2012 linked to Baker Hughes Inc. shares, according to an FWP filing with the Securities and Exchange Commission.

The notes will be automatically called at par of $10 plus an annualized call return of 21.75% to 25.75% if Baker Hughes shares close at or above the initial share price on any of 12 monthly observation dates.

The payout at maturity will be par if Baker Hughes shares finish at or above 75% of the initial share price. Otherwise, the payout will be par plus the stock return, with exposure to losses.

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

The notes will price on June 17 and settle on June 22.

The Cusip is 25154W464.

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