Deutsche plans one-year return enhanced notes on S&P 500 via JPMorgan

By Susanna Moon

Chicago, Feb. 7 - Deutsche Bank AG, London branch plans to price return enhanced notes due Feb. 29, 2012 based on the performance of the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

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

The payout at maturity will be par plus double any gain in the index, up to a maximum return of at least 17%. The exact cap will be set at pricing.

Investors will be exposed to any losses.

The notes (Cusip 2515A13T6) are expected to price on Feb. 11 and settle on Feb. 16.

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