JPMorgan plans capped buffered return enhanced notes on Russell 2000

By Jennifer Chiou

New York, Nov. 27 - JPMorgan Chase & Co. plans to price 0% capped buffered return enhanced notes due Dec. 31, 2015 linked to the Russell 2000 index, according to an FWP with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 1.5 times the index gain, subject to a maximum return of 17% to 21% that will be set at pricing. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

The notes (Cusip: 48126NJ32) will price on Dec. 20 and settle on Dec. 30.

J.P. Morgan Securities LLC is the agent.

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