JPMorgan plans PLUS due 2016 tied to Health Care Select Sector SPDR

By Susanna Moon

Chicago, June 22 – JPMorgan Chase & Co. plans to price 0% Performance Leveraged Upside Securities due Oct. 5, 2016 linked to the Health Care Select Sector SPDR fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any gain in the fund, up to a maximum return of 12%.

Investors will be exposed to any losses.

J.P. Morgan Securities LLC is the agent. Morgan Stanley Smith Barney LLC is handling distribution.

The notes will price on June 30.

The Cusip number is 48127X278.

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