Deutsche Bank to price digital notes on 10-year sterling ICE swap rate

By Marisa Wong

Morgantown, W.Va., Aug. 16 – Deutsche Bank AG, London Branch plans to price 0% digital return notes due Sept. 5, 2018 linked to the 10-year British pounds sterling ICE swap rate, according to a 424B2 with the Securities and Exchange Commission.

If the rate finishes at or above its 70% buffer level, the payout at maturity will be par plus 9.75%.

Otherwise, investors will lose 1.4286% for each 1% decline beyond 30%.

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

The notes will price Aug. 17.

The Cusip number is 25152R7H0.

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