By Susanna Moon
Chicago, Feb. 23 - JPMorgan Chase & Co. priced $1.6 million of 0% return enhanced notes due Aug. 23, 2012 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus triple any index gain, up to a maximum return of 33.54%.
Investors will be exposed to any losses.
J.P. Morgan Securities LLC is the agent.
Issuer: | JPMorgan Chase & Co.
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Issue: | Return enhanced notes
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Underlying stock: | Euro Stoxx 50
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Amount: | $1.6 million
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Maturity: | Aug. 23, 2012
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 300% of any index gain, capped at 33.54%; exposure to losses
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Initial price: | 3,068
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Pricing date: | Feb. 18
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Settlement date: | Feb. 24
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Agent: | J.P. Morgan Securities LLC
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Fees: | 1.25%
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Cusip: | 48125XEU6
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