JPMorgan plans to price three-month notes linked to dollar vs. shekel

By Marisa Wong

Madison, Wis., Dec. 18 - JPMorgan Chase & Co. plans to price notes due March 26, 2014 linked to the performance of the dollar relative to the Israeli new shekel, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity for each $1,000 principal amount note will be $980 plus an additional amount.

If the dollar appreciates by at least 5% relative to the shekel, the additional amount will equal the digital amount, which will be at least $136.50 per $1,000 principal amount. The exact digital amount will be set at pricing.

If the dollar appreciates by less than 5% or depreciates relative to the shekel, the additional amount will be zero.

Investors will receive at least $980 and up to a maximum payment of at least $1,116.50.

J.P. Morgan Securities LLC is the agent.

The notes will price Dec. 20 and settle Dec. 26.

The Cusip number is 48126NTN7.

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