JPMorgan plans capped buffered return enhanced notes tied to EAFE ETF

By Marisa Wong

Morgantown, W.Va., Nov. 13 – JPMorgan Chase & Co. plans to price 0% capped buffered return enhanced notes due Nov. 24, 2017 linked to the iShares MSCI EAFE exchange-traded fund, according to an FWP filing with the Securities and Exchange Commission.

If the ETF return is positive, the payout at maturity will be par plus 1.2 times the ETF return, up to a maximum return of 20% to 25%. Investors will receive par if the ETF declines by 15% or less and will lose 1% for every 1% that the ETF declines beyond 15%. The exact maximum return will be set at pricing.

J.P. Morgan Securities LLC is the agent.

The notes will price Nov. 19 and settle Nov. 24.

The Cusip number is 48128GDF4.

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