Deutsche Bank plans digital return notes linked to ruble, lira, zloty

By Angela McDaniels

Tacoma, Wash., Sept. 27 – Deutsche Bank AG, London Branch plans to price 0% digital return notes due Oct. 17, 2018 linked to the performance of an equally weighted basket consisting of each of the Russian ruble, the Turkish lira and the Polish zloty relative to the Swiss franc, according to a 424B2 filing with the Securities and Exchange Commission.

If the basket return is greater than or equal to negative 15%, the payout at maturity will be par plus 9.3%. If the basket return is less than negative 15%, investors will lose 1% for every 1% the basket return is negative.

A positive basket return means the basket currencies as a whole have strengthened relative to the Swiss franc. A negative basket return means the basket currencies as a whole have weakened relative to the Swiss franc.

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

The notes will price Sept. 29.

The Cusip number is 25155MDY4.

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