New Issue: JPMorgan prices $4.88 million buffered return enhanced notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Oct. 30 – JPMorgan Chase & Co. priced $4.88 million of 0% capped buffered return enhanced notes due Oct. 31, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus two times the index return, up to a maximum return of 18%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that the index declines beyond 10%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Capped buffered return enhanced notes
Underlying index:	S&P 500
Amount:	$4,884,000
Maturity:	Oct. 31, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus two times any index gain, capped at 18%; par if index declines by 10% or less; 1% loss for every 1% that index declines beyond 10%
Initial index level:	2,065.89
Pricing date:	Oct. 27
Settlement date:	Oct. 30
Agent:	J.P. Morgan Securities LLC
Fees:	0.24308%
Cusip:	48125U6Q0

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