Deutsche Bank plans return enhanced notes due 2014 linked to Apple

By Marisa Wong

Madison, Wis., Nov. 14 - Deutsche Bank AG, London Branch plans to price 0% return enhanced notes due Feb. 20, 2014 linked to Apple Inc. shares, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any gain in Apple shares, up to a maximum return of at least 40.5%. The exact cap will be set at pricing.

Investors will be exposed to any losses.

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

The notes will price on Nov. 16 and settle on Nov. 21.

The Cusip number is 25152RAA1.

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