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Published on 12/11/2013 in the Prospect News Structured Products Daily.

JPMorgan plans to price return notes due 2014 linked to Topix index

By Jennifer Chiou

New York, Dec. 11 - JPMorgan Chase & Co. plans to price 0% return notes due Dec. 30, 2014 linked to the Topix index, according to an FWP with the Securities and Exchange Commission.

The payout at maturity will be par plus the index return times an index adjustment factor of 98.15%, which means that if the index return is less than 1.88487%, investors will lose some or all of their investment.

The final index level will be the average of the index closing levels on the five trading dates ending Dec. 26, 2014.

The exact terms will be set at pricing.

The notes (Cusip: 48126NL88) are expected to price on Dec. 13 and settle on Dec. 18.

J.P. Morgan Securities LLC will be the agent.


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