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Deutsche Bank plans digital return notes tied to Mexican peso vs. euro
By Marisa Wong
Madison, Wis., June 10 – Deutsche Bank AG, London Branch plans to price 0% digital return notes due Dec. 17, 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 16.25%. 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 13 and settle on June 18.
The Cusip number is 25152RLD3.
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