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JPMorgan plans 0% return enhanced notes linked to the Euro Stoxx 50
By Toni Weeks
San Diego, Feb. 15 - JPMorgan Chase & Co. plans to price 0% return enhanced notes due Aug. 23, 2012 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
Investors will receive three times any gain in the index at maturity, subject to a maximum return of at least 33.54% that will be set at pricing.
Investors will be fully exposed to any decrease in the level of the Euro Stoxx 50.
J.P. Morgan Securities LLC will act as agent.
The notes (Cusip: 48125XEU6) are expected to price on Feb. 18 and settle on Feb. 24.
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