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JPMorgan plans contingent buffered equity notes tied to Euro Stoxx 50
By Susanna Moon
Chicago, April 22 - JPMorgan Chase & Co. plans to price 0% contingent buffered equity notes due Oct. 28, 2015 linked to the Euro Stoxx 50 index, according to an FWP with the Securities and Exchange Commission.
If the index finishes at or above the 80% trigger level, the payout at maturity will be par plus the greater of the index return and the contingent minimum return of at least 1.55%. The exact contingent minimum return will be set at pricing.
Otherwise, investors will be fully exposed to any losses.
J.P. Morgan Securities LLC is the agent.
The notes will price on April 25 and settle on April 30.
The Cusip number is 48127DFN3.
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