JPMorgan plans 1.5-year buffered return notes on iShares MSCI EAFE

By Susanna Moon

Chicago, July 2 - JPMorgan Chase & Co. plans to price 0% buffered return enhanced notes due Jan. 31, 2014 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 gain in the fund, up to a maximum return of 21% to 25%. The exact cap will be set at pricing.

Investors will receive par if the shares fall by up to 10% and will lose 1% for every 1% decline beyond 10%.

J.P. Morgan Securities LLC is the underwriter.

The notes will price on July 26 and settle on July 31.

The Cusip number is 48125VN97.

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