JPMorgan plans to price digital notes due 2014 linked to Wells Fargo

By Jennifer Chiou

New York, July 17 - JPMorgan Chase & Co. plans to price 0% digital notes Aug. 6, 2014 linked to Wells Fargo & Co. shares, according to an FWP with the Securities and Exchange Commission.

If Citigroup stock finishes at or above the 85% trigger level, the payout at maturity will be par plus the fixed digital return of at least 8.1%.

Otherwise, investors will be fully exposed to any losses.

The notes (Cusip: 48126NKC0) are expected to price on July 19 and settle on July 24.

J.P. Morgan Securities LLC is the agent.

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