JPMorgan plans PLUS due 2015 with cap linked to Financial Select SPDR

By Susanna Moon

Chicago, Feb. 28 - JPMorgan Chase & Co. plans to price 0% Performance Leveraged Upside Securities due April 19, 2015 linked to the Financial Select Sector SPDR fund, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any fund gain, up to a maximum payment of at least $11.40 per note. The exact cap will be set at pricing.

Investors will be fully exposed to any losses.

J.P. Morgan Securities LLC is the agent with Morgan Stanley Smith Barney LLC as dealer.

The notes will price on March 14.

The Cusip number is 48127E593.

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