JPMorgan to price buffered return enhanced notes on iShares MSCI EAFE

By Angela McDaniels

Tacoma, Wash., Aug. 31 - JPMorgan Chase & Co. plans to price 0% buffered return enhanced notes due March 30, 2012 linked to the iShares MSCI EAFE index fund, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any fund gain, subject to a maximum return of 21% to 25% that will be set pricing. Investors will receive par if the fund falls by 10% or less and will lose 1% for each 1% that it declines beyond 10%.

The notes (Cusip: 48124AC21) are expected to price Sept. 27 and settle Sept. 30.

J.P. Morgan Securities Inc. is the agent.

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