JPMorgan plans dual directional contingent buffer notes on Euro Stoxx

By Susanna Moon

Chicago, Sept. 23 – JPMorgan Chase & Co. plans to price 0% capped dual directional contingent buffered equity notes due April 5, 2017 linked to the Euro Stoxx 50 index, according to an FWP with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par plus the return up to a maximum return of 17.9%.

If the index falls by up to the 17.9% contingent buffer, the payout will be par plus the absolute return.

If the index falls by more than 17.9%, investors will be fully exposed to any losses.

J.P. Morgan Securities LLC is the agent.

The notes will price on Sept. 25 and settle on Sept. 30.

The Cusip number is 48125U5J7.

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