JPMorgan plans capped buffered enhanced notes linked to S&P 500

By Susanna Moon

Chicago, June 7 - JPMorgan Chase & Co. plans to price 0% capped buffered enhanced participation equity notes due Sept. 22, 2015 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.3 times any gain in the index, up to a maximum settlement amount of $1,146.90 to $1,185.90 per $1,000 principal amount. The exact cap will be set at pricing.

Investors will receive par if the index falls by up to 12% and will lose 1.1429% for every 1% decline beyond 12%.

J.P. Morgan Securities LLC is the underwriter.

The notes will price on June 17 and settle on

The Cusip number is 48126NDZ7.

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