JPMorgan plans 0% capped buffered return enhanced notes on MSCI EAFE

By Toni Weeks

San Luis Obispo, Calif., April 16 - JPMorgan Chase & Co. plans to price 0% capped buffered return enhanced notes due May 7, 2014 linked to the MSCI EAFE index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any gain in the index, subject to a maximum return of at least 10.65% that will be set at pricing.

Investors will receive par if the index declines by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.

The final index level will be the average of the index closing levels on the five trading days ending May 2, 2014.

The notes (Cusip: 48126DY78) are expected to price April 19 and settle April 24.

J.P. Morgan Securities LLC is the agent.

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