Deutsche Bank plans one-year autocallables on Mexican peso vs. yen

By Susanna Moon

Chicago, May 9 - Deutsche Bank AG, London Branch plans to price 0% autocallable securities due May 22, 2014 linked to the performance of the Mexican Peso relative to the Japanese yen, according to an FWP filing with the Securities and Exchange Commission.

The notes will be called at par plus an annualized call premium of at least 6.4% if the currency closes above its initial level on any quarterly call date.

The payout at maturity will be par if the currency falls by up to 65%.

Otherwise, investors will be fully exposed to any losses.

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

The notes will price on May 10 and settle on May 15.

The Cusip number is 25152RCX9.

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