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JPMorgan plans buffered return enhanced notes linked to Euro Stoxx 50
By Susanna Moon
Chicago, Feb. 3 - JPMorgan Chase & Co. plans to price 0% buffered return enhanced notes due Feb. 28, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange.
The payout at maturity will be par plus 1.1 times any gain in the index.
Investors will receive par if the index falls by up to 15% and will lose 1% for every 1% decline beyond 15%.
J.P. Morgan Securities LLC is the agent.
The notes will price on Feb. 25 and settle on Feb. 28.
The Cusip number is 48126N3D7.
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