Deutsche Bank plans notes tied to real, Mexican peso, Canadian dollar

By Angela McDaniels

Tacoma, Wash., Jan. 30 - Deutsche Bank AG, London Branch plans to price 0% notes due Aug. 7, 2013 linked to the performance of a basket of currencies relative to the U.S. dollar, according to an FWP filing with the Securities and Exchange Commission.

The basket includes the Brazilian real, the Canadian dollar and the Mexican peso, equally weighted. The basket performance will be positive if the basket has strengthened or remains unchanged relative to the U.S. dollar.

If the basket performance is positive, zero or negative by not more than 20%, the payout at maturity will be par plus the greater of the basket performance and 12.6%. If the basket performance is less than negative 20%, investors will be fully exposed to the decline.

The notes (Cusip: 2515A1GM7) will price Feb. 3 and settle Feb. 8.

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

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