JPMorgan plans 0% buffered return enhanced notes tied to Russell 2000

By Toni Weeks

San Diego, Oct. 3 - JPMorgan Chase & Co. plans to price 0% buffered return enhanced notes due April 30, 2013 linked to the Russell 2000 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any gain in the index, up to a maximum return of 25% to 29%. The exact maximum return will be determined at pricing.

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

The notes (Cusip: 48125X4P8) are expected to price Oct. 26 and settle Oct. 31.

J.P. Morgan Securities LLC will be the agent.

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