JPMorgan plans to price CDs due 2017 linked three indexes, one ETF

By Angela McDaniels

Tacoma, Wash., March 22 - JPMorgan Chase Bank, NA plans to price 0% certificates of deposit due Sept. 27, 2017 linked to a basket of three indexes and an exchange-traded fund, according to a term sheet.

The basket includes equal weights of the S&P 500 index, the Dow Jones Industrial Average, the Dow Jones - UBS Commodity index and the iShares MSCI EAFE index fund.

The payout at maturity will be par plus at least 100% of the basket return, subject to a minimum return of at least 5.5%. The exact participation rate and minimum return will be set at pricing.

The basket's final level will be the average of its closing levels on the 13 averaging dates, which fall in March and September of each year during the life of the CDs.

The CDs (Cusip: 48123YVH6) are expected to price March 28 and settle March 31.

J.P. Morgan Securities LLC is the agent.

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