Deutsche Bank plans digital return notes tied to WTI crude oil futures

By Susanna Moon

Chicago, Sept. 10 – Deutsche Bank AG, London Branch plans to price 0% digital return notes due Oct. 2, 2015 linked to the WTI crude oil futures contracts, according to an FWP with the Securities and Exchange Commission.

If crude finishes at or above the initial level, the payout at maturity will be par plus the digital return of 10%.

If crude falls by up to the 86.5% barrier level, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

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

The notes will price on Sept. 12 and settle on Sept. 17.

The Cusip number is 25152RQD8.

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