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JPMorgan plans 5% return notes linked to iBoxx $ Liquid High Yield
By Susanna Moon
Chicago, May 14 - JPMorgan Chase & Co. plans to price 5% annualized return notes due Sept. 25, 2013 linked to the iBoxx $ Liquid High Yield index, according to an FWP filing with the Securities and Exchange Commission.
Interest will be paid at maturity.
The payout at maturity for each $1,000 principal amount of notes will be $980.40 plus the fund return, with exposure to any losses.
J.P. Morgan Securities LLC is the agent.
The notes will price on May 15 and settle on May 20.
The Cusip number is 48126DV63.
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