JPMorgan plans return optimization notes linked to DAX index

By Susanna Moon

Chicago, Jan. 7 – JPMorgan Chase & Co. plans to price 0% return optimization securities due July 29, 2016 linked to the DAX index, according to an FWP with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any index gain, up to a maximum return of 23.5% to 25%.

Investors will be exposed to any losses.

J.P. Morgan Securities LLC is the underwriter with UBS Financial Services Inc. as agent.

The notes will price on Jan. 28 and settle on Jan. 30.

The Cusip number is 48127P119.

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