JPMorgan plans to price PLUS due 2017 tied to Euro Stoxx Banks index

By Tali Rackner

Norfolk, Va., Dec. 21 – JPMorgan Chase & Co. plans to price 0% Performance Leveraged Upside Securities due Feb. 2, 2017 linked to the Euro Stoxx Banks index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any gain in the index, up to a maximum payment that will be at least $12.13 per PLUS and will be set at pricing.

Investors will be exposed to any losses.

J.P. Morgan Securities LLC is the agent. Distribution is through Morgan Stanley Wealth Management.

The notes are expected to price on Dec. 30.

The Cusip number is 48128A756.

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