Deutsche Bank plans 0% performance securities linked to index basket

By Jennifer Chiou

New York, June 5 - Deutsche Bank AG, London Branch plans to price 0% performance securities with partial protection due June 30, 2010 linked to an index basket, according to an FWP filing with the Securities and Exchange Commission.

The basket includes the Dow Jones Euro Stoxx 50 with a 35% weight, FTSE 100 with a 25% weight, Nikkei 225 with a 25% weight, Swiss Market with a 5% weight, S&P/ASX 200 with a 5% weight and the MSCI Emerging Markets index with a 5% weight.

The notes will price on June 25 and settle on June 29.

If the final basket level is greater than the initial basket level, the payout at maturity will be par of $10.00 plus the return on the basket multiplied by a participation rate, which will be determined at pricing and is expected to be between 110% and 120%.

If the final basket level is equal to or less than 80% of the initial basket level, investors will receive par. If the basket falls by more than 20%, investors will share in any losses.

UBS Financial Services Inc. and Deutsche Bank Securities Inc. will be the underwriters.

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