Deutsche Bank plans BUyS linked to Nikkei 225 Stock Average with 115% upside

By E. Janene Geiss

Philadelphia, March 6 - Deutsche Bank AG, London Branch plans to price an issue of 0% Buffered Underlying Securities (BUyS) linked to the Nikkei 225 Stock Average, according to an FWP filing with the Securities and Exchange Commission.

The securities are set to mature July 1, 2010. This amends the original filing that stated the notes would mature in April 2010.

The securities are expected to price March 28 and settle March 30.

The payout at maturity will be par plus 115% of any index gain.

If the final index level is less than the initial index level but has declined by no more than 20%, the payout will be par. Investors will lose 1% for each 1% decline beyond 20%.

Deutsche Bank Securities and Deutsche Bank Trust Co. Americas will be the agents.

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