JPMorgan plans one-year quarterly review notes linked to palladium

By Susanna Moon

Chicago, Jan. 16 - JPMorgan Chase & Co. plans to price 0% quarterly review notes due Jan. 29, 2015 linked to the spot price of palladium, according to an FWP filing with the Securities and Exchange Commission.

The notes will be called at par plus an annualized call premium of at least 11.5% if the palladium price closes at or above the initial share price on any quarterly review date.

The payout at maturity will be par if the price of palladium finishes at or above the 85% trigger level.

Otherwise, investors will be fully exposed to any losses.

J.P. Morgan Securities LLC is the agent.

The notes will price on Jan. 17 and settle on Jan. 23.

The Cusip number is 48126NTT4.

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