Deutsche Bank to price review notes linked to Walt Disney stock

By Angela McDaniels

Tacoma, Wash., Dec. 13 - Deutsche Bank AG, London Branch plans to price 0% review notes due Jan. 7, 2013 linked to the common stock of Walt Disney Co., according to an FWP filing with the Securities and Exchange Commission.

The notes will be automatically called at par plus a call premium if Disney stock closes at or above the initial share price on any quarterly review date. The call premium will be at least 6% if the notes are called on April 2, 2012, at least 12% if called on July 2, 2012, at least 18% if called on Oct. 2, 2012 and at least 24% if called on Jan. 2, 2013. The exact call premiums will be set at pricing.

The payout at maturity will be par if the final share price is at least 80% of the initial price. Otherwise, investors will lose 1% for every 1% that the share price declines from the initial price.

The notes (Cusip: 2515A1FJ5) are expected to price Dec. 16 and settle Dec. 31.

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

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