New Issue: JPMorgan prices $300,000 capped return enhanced notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., June 4 - JPMorgan Chase & Co. priced $300,000 of 0% capped return enhanced notes due July 3, 2014 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 200% of any gain in the index, subject to a maximum return of 28.68%. Investors will be exposed to any index decline.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Capped return enhanced notes
Underlying index:	Euro Stoxx 50
Amount:	$300,000
Maturity:	July 3, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any gain in index, subject to maximum return of 28.68%; exposure to any index decline
Initial index level:	2,769.64
Final index level:	Average of index's closing levels on June 24, 2014, June 25, 2014, June 26, 2014, June 27, 2014 and June 30, 2014
Pricing date:	May 31
Settlement date:	June 5
Agent:	J.P. Morgan Securities LLC
Fees:	1%
Cusip:	48126NBX4

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.