New Issue: JPMorgan prices $1.64 million capped knock-out notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Sept. 11 - JPMorgan Chase & Co. priced $1.64 million of 0% capped index knock-out notes due Sept. 24, 2014 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

A knock-out event occurs if the index's closing level is less than the initial index level by more than 20% on any day during the life of the notes.

If a knock-out event does not occur, the payout at maturity will be par plus 10.1%. If a knock-out event does occur, investors will receive par plus the index return, with exposure to any decline and any gains capped at 10.1%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Capped index knock-out notes
Underlying index:	Euro Stoxx 50
Amount:	$1,644,000
Maturity:	Sept. 24, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	If index's closing level declines by more than 20% during life of notes, par plus index return, with exposure to any decline and any gains capped at 10.1%; otherwise, par plus 10.1%
Initial index level:	2,803.42
Final index level: Average of index's closing levels on Sept. 15, 2014, Sept. 16, 2014, Sept. 17, 2014, Sept. 18, 2014 and Sept. 19, 2014
Pricing date:	Sept. 6
Settlement date:	Sept. 11
Agent:	J.P. Morgan Securities LLC
Fees:	1%
Cusip:	48126NRJ8

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