JPMorgan plans capped return enhanced notes linked to Russell 2000

By Susanna Moon

Chicago, May 17 - JPMorgan Chase & Co. plans to price 0% capped return enhanced notes due Nov. 28, 2014 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 triple any gain in the index, up to a maximum return of 20% to 23%. The exact cap will be set at pricing.

Investors will be exposed to any losses.

J.P. Morgan Securities LLC is the underwriter.

The notes will price on May 28 and settle on May 31.

The Cusip number is 48126NAM9.

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