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JPMorgan plans capped return enhanced notes linked to Euro Stoxx 50
By Susanna Moon
Chicago, May 6 - JPMorgan Chase & Co. plans to price 0% capped return enhanced notes due May 28, 2015 linked to the Euro Stoxx 50 index, according to an FWP with the Securities and Exchange.
The payout at maturity will be par plus double any index gain, up to a maximum return of at least 23.7%. The exact cap will be set at pricing.
Investors will be exposed to any losses.
J.P. Morgan Securities LLC is the agent.
The notes will price on May 9 and settle on May 14.
The Cusip number is 48127DHG6.
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