JPMorgan plans to price PLUS due 2015 linked to WTI crude oil

By Jennifer Chiou

New York, July 18 – JPMorgan Chase & Co. plans to price 0% Performance Leveraged Upside Securities due Jan. 29, 2015 linked to the West Texas intermediate crude oil futures contract, according to an FWP with the Securities and Exchange Commission.

If the price of crude finishes above the initial level, the payout at maturity will be par plus 300% of the gain, capped at 31%.

Investors will share in any losses.

The notes (Cusip: 48127DTN8) are expected to price on July 25.

J.P. Morgan Securities LLC is the agent with Morgan Stanley Wealth Management as dealer.

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