JPMorgan to sell buffered return enhanced notes on iShares MSCI EAFE

By Susanna Moon

Chicago, Aug. 2 - JPMorgan Chase & Co. plans to price 0% buffered return enhanced notes due Feb. 29, 2012 based on the performance of the iShares MSCI EAFE index fund, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any fund gain, up to a maximum return of 19% to 23%. The exact cap will be set pricing.

Investors will receive par if the fund falls by up to 10% and will lose 1% for each 1% decline beyond 10%.

The notes (Cusip 48124AXS1) will price on Aug. 26 and settle on Aug. 31.

J.P. Morgan Securities Inc. is the agent.

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