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JPMorgan plans PLUS due 2016 linked to Euro Stoxx 50 index
By Jennifer Chiou
New York, Aug. 29 – JPMorgan Chase & Co. plans to price 0% Performance Leveraged Upside Securities due Jan. 6, 2016 linked to the Euro Stoxx 50 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 at least 16.5%.
Investors will be exposed to any losses.
The notes (Cusip: 481246346) will price on Sept. 30.
J.P. Morgan Securities LLC is the agent with distribution through Morgan Stanley Wealth Management.
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