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Published on 11/14/2012 in the Prospect News Structured Products Daily.

JPMorgan plans capped return enhanced notes due 2013 tied to 15 stocks

By Susanna Moon

Chicago, Nov. 14 - JPMorgan Chase & Co. plans to price 0% capped return enhanced notes due Dec. 4, 2013 linked to a basket of 15 stocks, according to an FWP filing with the Securities and Exchange Commission.

The underlying companies are McDonald's Corp., Chipotle Mexican Grill, Inc., Brinker International, Inc., Mead Johnson Nutrition Co., Newfield Exploration Co., Occidental Petroleum Corp., PNC Financial Services Group, Inc., Express Scripts Holding Co., Stanley Black & Decker, Inc., Apple Inc., Broadcom Corp., EMC Corp., Google Inc., NetApp, Inc. and Newmont Mining Corp.

The payout at maturity will be par plus double any gain in the basket, up to a maximum return of at least 20%. The exact cap will be set at pricing.

Investors will be exposed to any losses.

J.P. Morgan Securities LLC is the underwriter.

The notes will price on Nov. 16 and settle on Nov. 21.

The Cusip number is 48126DJA8.


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