JPMorgan changes maturity for buffered return enhanced notes tied to iShares Russell 2000 index fund

By Angela McDaniels

Tacoma, Wash., July 21 - JPMorgan Chase & Co. changed the maturity date of its upcoming 0% buffered return enhanced notes linked to the iShares Russell 2000 index fund to Feb. 15, 2012 from Feb. 13, 2012, according to an FWP filing with the Securities and Exchange Commission.

The remaining terms of the notes are unchanged.

The payout at maturity will be par plus double any increase in the exchange-traded fund's share price, subject to a maximum return of 24.15% to 29.15% that will be set at pricing. Investors will receive par if the share price falls by up to 15% and will be exposed to any decline beyond 15%.

The notes (Cusip: 48124AXE2) will price Aug. 10 and settle Aug. 13.

J.P. Morgan Securities Inc. is the agent.

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