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Published on 6/3/2014 in the Prospect News Structured Products Daily.

Deutsche Bank plans digital return notes tied to Mexican peso vs. euro

By Toni Weeks

San Luis Obispo, Calif., June 3 - Deutsche Bank AG, London Branch plans to price 0% digital return notes due Dec. 10, 2015 linked to the Mexican peso relative to the euro, 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 currency return is zero or positive, the payout at maturity will be par plus the digital return of 17.1%. If the currency return is negative but greater than or equal to negative 10%, the payout will be par. If the currency return is less than negative 10%, investors will share fully in losses.

The notes will price on June 6 and settle on June 11.

The Cusip number is 25152RKT9.


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