JPMorgan to price return notes due 2015 linked to 17 common stocks

By Jennifer Chiou

New York, April 15 - JPMorgan Chase & Co. plans to price 0% return notes due May 6, 2015 linked to a basket of common stocks, according to an FWP with the Securities and Exchange Commission.

The equally weighted common stocks are AMC Networks Inc., Bed Bath & Beyond Inc., BioMarin Pharmaceutical Inc., Endo Health Solutions, First Republic Bank, HomeAway, Inc., Insulet Corp., Lions Gate Entertainment Corp., Mylan Inc., Qlik Technologies Inc., Rackspace Hosting, Inc., Rowan Cos. plc, Splunk Inc., Tenneco Inc., Trulia, Inc., Viacom Inc. and Weatherford International Ltd.

For each $1,000 principal amount of notes, the payout at maturity will be (a) $1,000 multiplied by (b) one plus the basket return multiplied by (c) a basket adjustment factor of 99%. Because of the basket adjustment factor, investors will lose some or all of their principal if the basket return is less than 1.01%.

The final basket level will be the average of the basket's closing levels on the five trading days ending May 1, 2015.

The notes (Cusip: 48127DFE3) are expected to price on April 17 and settle on April 23.

J.P. Morgan Securities LLC is the agent.

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