JPMorgan plans capped market plus notes linked to WTI crude oil futures

By Susanna Moon

Chicago, July 30 – JPMorgan Chase & Co. plans to price 0% capped market plus notes due Oct. 6, 2015 linked to the futures contract for West Texas Intermediate light sweet crude oil, according to an FWP filing with the Securities and Exchange Commission.

If the price of crude finishes at or above the 85% trigger level, the payout at maturity will be par plus the greater of the contingent minimum return of at least 5.4% and double any gain in the price of crude up to maximum return of 20%.

Otherwise, investors will be fully exposed to any losses.

J.P. Morgan Securities LLC is the agent.

The notes will price on Aug. 1 and settle on Aug. 6.

The Cusip number is 48126N7H4.

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