JPMorgan plans range accrual notes linked to S&P GSCI Brent Crude Oil

By Susanna Moon

Chicago, Dec. 21 - JPMorgan Chase & Co. plans to price range accrual notes linked to the S&P GSCI Brent Crude Oil Index Excess Return, according to an FWP filing with the Securities and Exchange Commission.

The notes will pay an annualized coupon rate for each day that the index closes at a certain level to be set at pricing. Interest is payable quarterly.

The payout at maturity will be 95% of par plus accrued interest.

J.P. Morgan Securities LLC is the agent.

The notes will price and settle in December.

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