JPMorgan plans capped enhanced participation notes on dollar vs. yen

By Marisa Wong

Madison, Wis., April 9 – JPMorgan Chase & Co. plans to price 0% capped enhanced participation notes due Oct. 17, 2016 linked to the dollar relative to the Japanese yen, according to a 424B2 filing with the Securities and Exchange.

The payout at maturity will be par plus 1.18 to 1.28 times any gain in the currency, up to a maximum of $2,180 to $2,280 per $1,000 principal amount of notes.

Investors will be exposed to any losses.

J.P. Morgan Securities LLC is the agent.

The notes will price on April 10 and settle on April 17.

The Cusip number is 48125UDP4.

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