Deutsche Bank to price leveraged notes linked to four currencies

By Angela McDaniels

Tacoma, Wash., Jan. 29 - Deutsche Bank AG, London Branch plans to price 0% leveraged notes due Feb. 14, 2014 linked to the performance of a basket of currencies relative to the dollar, according to an FWP filing with the Securities and Exchange Commission.

The basket includes the Mexican peso, the Polish zloty, the Indonesian rupiah and the Korean won, equally weighted.

If the basket return is positive, the payout at maturity will be par plus at least 180.5% of the basket return. The exact upside leverage factor will be set at pricing. If the basket return is negative, investors will lose 1% for every 1% that the basket declines, subject to a maximum loss of 10%.

The notes are expected to price Feb. 1 and settle Feb. 6.

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

The Cusip number is 25152RBN2.

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