Indeed, few German banks (DZ Bank, Commerzbank, LBBW etc.) are offering different types of credit linked notes for retails. Underlyings are among others: Daimler, Porsche Volkswagen,BT Group, Dt. Telekom, France Telecom, Telecom Italia, Telefonica, Kroatien, Polen, Rumänien, Russland, Südafrika, Türkei, UngarnInformation is also available (only in German) here:
http://files.ariva.de/public/zertanl/Ze ... 008_04.pdf