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JPMorgan plans capped return enhanced notes linked to Euro Stoxx 50
By Susanna Moon
Chicago, April 21 – JPMorgan Chase & Co. plans to price 0% capped return enhanced notes due May 11, 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 plus triple any gain in the index, up to a maximum return of 19.5%.
Investors will be exposed to any losses.
J.P. Morgan Securities LLC is the agent.
The notes will price on April 24 and settle on April 29.
The Cusip number is 48125UNY4.
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