JPMorgan to sell capped buffered return enhanced notes on iShares EAFE

By Marisa Wong

Madison, Wis., May 31 - JPMorgan Chase & Co. plans to price 0% capped buffered return enhanced notes due Dec. 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 1.5 times any gain in the fund, subject to a maximum return of 15% to 19%, with the exact cap to be set at pricing.

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

The notes (Cusip: 48126NCB1) are expected to price June 25 and settle June 28.

J.P. Morgan Securities LLC is the agent.

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