Deutsche Bank plans 0% return optimization notes linked to S&P 500

By Susanna Moon

Chicago, March 30 - Deutsche Bank AG plans to price 0% return optimization securities due May 31, 2013 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any gain in the index, up to a maximum return of 12% to 16%. The exact cap will be set at pricing.

Investors will be exposed to any losses.

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

The notes will price on April 25 and settle on April 30.

The Cusip is 25154V474.

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