JPMorgan plans autocallable notes linked to S&P 500, Euro Stoxx 50

By Susanna Moon

Chicago, May 8 - JPMorgan Chase & Co. plans to price autocallable notes due May 27, 2016 linked to the S&P 500 index and the Euro Stoxx 50 index, according to an FWP with the Securities and Exchange Commission.

The notes will be called at par plus a premium of 12.25% if each index finishes at or above its initial level on either annual call date.

The payout at maturity will be par unless either index finishes at or below its 80% barrier level, in which case investors will be fully exposed to any losses of the worst performing index.

J.P. Morgan Securities LLC is the agent.

The notes will price on May 21 and settle on May 27.

The Cusip number is 48127DJB5.

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