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JPMorgan plans capped return enhanced notes linked to MSCI Europe
By Susanna Moon
Chicago, Feb. 23 – JPMorgan Chase & Co. plans to price 0% capped return enhanced notes due March 15, 2017 linked to the MSCI Europe index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus triple any index gain, up to a maximum return of 21.75%.
Investors will be exposed to any losses.
J.P. Morgan Securities LLC is the agent.
The notes will price on Feb. 26 and settle on March 2.
The Cusip number is 48128GPF1.
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