JPMorgan plans capped buffered enhanced notes due 2017 tied to S&P 500

By Susanna Moon

Chicago, Sept. 18 – JPMorgan Chase & Co. plans to price 0% capped buffered enhanced participation equity notes due April 12, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any gain in the index, up to a maximum settlement amount of $1,159 to $1,183 for each $1,000 principal amount.

Investors will receive par if the index falls by up to 7% and will lose 1.0753% for each 1% decline beyond 7%.

J.P. Morgan Securities LLC is the agent.

The notes will price on Sept. 24 and settle on Oct. 1.

The Cusip number is 48125U4R0.

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