JPMorgan plans return optimization notes linked to Russell 2000 index

By Jennifer Chiou

New York, March 4 – JPMorgan Chase & Co. plans to price 0% return optimization securities due April 29, 2016 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 of $10 plus three times the index return, subject to a maximum return of 12% to 15%.

Investors will be fully exposed to any losses.

The notes (Cusip: 48127R123) will price on March 26 and settle on March 31.

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

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