JPMorgan plans notes due 2017 linked to ETF Efficiente 5 index

By Jennifer Chiou

New York, Sept. 26 - JPMorgan Chase & Co. plans to price 0% notes due Oct. 5, 2017 linked to the JPMorgan ETF Efficiente 5 index, according to an FWP with the Securities and Exchange Commission.

The payout at maturity will be par plus at least 100% of any index gain. The exact deal terms will be set at pricing.

If the index falls, the payout will be par.

The index tracks the excess return of a portfolio of 12 exchange-traded funds, with dividends reinvested, and the JPMorgan Cash Index USD 3 Month above the return of the cash index less a fee of 0.5% per year that accrues daily.

The notes (Cusip: 48126DAQ2) will price on Oct. 2 and settle on Oct. 5.

J.P. Morgan Securities LLC and UBS Financial Services Inc. are the agents.

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