New Issue: JPMorgan prices $750,000 contingent buffered notes on Euro Stoxx Banks

By Susanna Moon

Chicago, July 2 – JPMorgan Chase & Co. priced $750,000 of 0% contingent buffered equity notes due June 30, 2016 linked to the Euro Stoxx Banks index, according to a 424B2 filing with the Securities and Exchange.

If the index finishes above the initial level, the payout at maturity will be par plus the greater of any gain and the contingent minimum return of 6.75%.

If the index falls by up to the 85% trigger level, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Contingent buffered equity notes
Underlying index:	Euro Stoxx Banks
Amount:	$750,000
Maturity:	June 30, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains, par plus return, floor of 6.75%; if index falls by up to 15%, par; otherwise, full exposure to any losses
Initial level:	147.80
Trigger level:	85% of initial level
Pricing date:	June 27
Settlement date:	July 2
Agent:	J.P. Morgan Securities LLC
Fees:	1.5%
Cusip:	48127DQU5

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