Deutsche Bank plans capped knock-out notes linked to lululemon

By Marisa Wong

Madison, Wis., Dec. 4 - Deutsche Bank AG, London Branch plans to price 0% capped knock-out notes due Dec. 24, 2014 linked to the common stock of lululemon athletica inc., according to an FWP filing with the Securities and Exchange Commission.

If the final price of lululemon shares is at least 75% of the initial share price, the payout at maturity will be par plus a digital return of 13.2%. Otherwise, investors will lose 1% for every 1% that the final share price is less than the initial share price.

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

The notes are expected to price Dec. 6 and settle Dec. 11.

The Cusip number is 25152RGC1.

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