JPMorgan plans capped enhanced participation notes on index basket

By Wendy Van Sickle

Columbus, Ohio, Nov. 10 – JPMorgan Chase & Co. plans to price 0% capped enhanced participation notes due 2018 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

If the basket return is positive, the payout at maturity will be par plus two times the basket return, subject to a maximum payout of $1,400 for each $1,000 principal amount of notes. Investors will be fully exposed to any losses.

J.P. Morgan Securities LLC is the agent.

The notes will price on Nov. 12 and settle on Nov. 19.

The Cusip number is 48128GCL2.

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