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JPMorgan plans capped return enhanced notes linked to Euro Stoxx 50
By Jennifer Chiou
New York, April 2 - JPMorgan Chase & Co. plans to price 0% capped return enhanced notes due April 22, 2015 linked to the Euro Stoxx 50 index, according to an FWP with the Securities and Exchange.
The payout at maturity will be par plus double any index gain, up to a maximum return of at least 21.2%. The exact cap will be set at pricing.
Investors will be exposed to any losses.
The notes (Cusip: 48127DDS4) are expected to price on April 4 and settle on April 9.
J.P. Morgan Securities LLC is the agent.
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