JPMorgan to price return notes linked to basket of 13 stocks

By Angela McDaniels

Tacoma, Wash., June 10 – JPMorgan Chase & Co. plans to price 0% return notes due July 1, 2015 linked to an equally weighted basket of common stocks, according to an FWP filing with the Securities and Exchange Commission.

The underlying stocks are Google Inc., Priceline Group Inc., Xilinx, Inc., Weatherford International Ltd., Halliburton Co., Nucor Corp., Cabot Oil & Gas Corp., Bank of America Corp., SVB Financial Group, Home Depot, Inc., General Motors Co., Costco Wholesale Corp. and Eaton Corp. plc.

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 99.7% basket adjustment factor. Because of the basket adjustment factor, investors will lose principal if the basket return is less than 0.3009%.

The final basket level will be the average of the basket’s closing levels on the five trading days ending June 26, 2015.

J.P. Morgan Securities LLC is the agent.

The notes will price June 13 and settle on June 18.

The Cusip number is 48127DMA3.

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