JPMorgan to price one-year return notes tied to basket of 15 stocks

By Jennifer Chiou

New York, April 10 - JPMorgan Chase & Co. plans to price 0% return notes due April 30, 2014 linked to a basket of 15 common stocks, according to an FWP with the Securities and Exchange Commission.

The basket includes equal weights of Apple Inc., Citigroup Inc., Yum Brands, Inc., General Motors Co., Coca-Cola Co., Coach, Inc., Starbucks Corp., Mead Johnson Nutrition Co., Nike, Inc., Mondelez International, Inc., Wynn Resorts, Ltd., Starwood Hotels & Resorts Worldwide, Inc., Teva Pharamceutical Industries Ltd., Broadcom Corp. and HSC Holdings plc.

The payout at maturity will be (a) $1,000 multiplied by (b) one plus the basket return, which could be positive or negative, multiplied by (c) the basket adjustment factor, which is 99.05%.

Because of the basket adjustment factor, investors will lose principal if the basket return is less than about 0.9591%.

The notes (Cusip: 48126DP78) are expected to price on April 12 and settle on April 17.

J.P. Morgan Securities LLC is the agent.

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