Deutsche Bank plans digital return notes tied to palladium

By Marisa Wong

Madison, Wis., Dec. 3 - Deutsche Bank AG, London Branch plans to price 0% digital return notes due Dec. 17, 2014 linked to the price of palladium, according to an FWP filing with the Securities and Exchange Commission.

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

If the final price of palladium is greater than or equal to the trigger price, the payout at maturity will be par plus the digital return of 9.75%. The trigger price is expected to be 85% of the initial price and will be set at pricing.

If the final price is less than the trigger price, investors will be fully exposed to losses from the initial price.

The notes (Cusip: 25152RGB3) are expected to price Dec. 6 and settle Dec. 11.

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