JPMorgan plans to price two-year PLUS with cap linked to S&P 500

By Susanna Moon

Chicago, Dec. 4 - JPMorgan Chase & Co. plans to price 0% Performance Leveraged Upside Securities due Feb. 4, 2015 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 300% of any index gain, up to a maximum return of 10.85%.

Investors will be exposed to any losses.

J.P. Morgan Securities LLC is the agent with Morgan Stanley Smith Barney LLC as the dealer.

The notes will price on Dec. 30 and settle three days later in January.

The Cusip number is 48127A617.

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