Deutsche Bank plans one-year notes linked to Mexican peso vs. yen

By Susanna Moon

Chicago, Feb. 14 - Deutsche Bank AG, London Branch plans to price 0% notes due Feb. 27, 2014 linked to the Mexican peso relative to the Japanese yen, 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.

The payout at maturity will be par plus any currency gain.

Investors will receive par if the currency falls by up to 27.25% and will be fully exposed to any losses if the currency falls below the 72.75% trigger level.

The notes will price on Feb. 15 and settle on Feb. 21.

The Cusip number is 25152RBR3.

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