JPMorgan to price capped seven-year notes linked to S&P 500 index

By Jennifer Chiou

New York, Aug. 9 - JPMorgan Chase & Co. plans to price 0% notes due Aug. 28, 2018 linked to the S&P 500 index, according to an FWP with the Securities and Exchange Commission.

The payout will be par plus the additional amount, if any. The additional amount will be at least 100% of any index gain, capped at a maximum return of at least 68%.

The notes (Cusip: 48125XH58) are expected to price on Aug. 23 and settle on Aug. 26.

J.P. Morgan Securities LLC is the agent.

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