JPMorgan plans trigger PLUS linked to WisdomTree India Earnings fund

By Toni Weeks

San Luis Obispo, Calif., May 1 – JPMorgan Chase & Co. plans to price 0% Trigger Performance Leveraged Upside Securities due June 5, 2018 linked to the WisdomTree India Earnings fund, according to an FWP filing with the Securities and Exchange Commission.

If the fund finishes above the initial level, the payout at maturity will be par plus 200% of the return, up to a maximum return of 40%.

If the fund falls by up to 15%, the payout will be par.

Otherwise, investors will be fully exposed to the fund decline from its initial level.

The notes (Cusip: 48127T137) are expected to price May 29 and settle three business days later.

J.P. Morgan Securities LLC is the agent. Morgan Stanley Wealth Management will handle distribution.

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