By Jennifer Chiou
New York, March 4 - JPMorgan Chase & Co. priced $7,523,000 of 0% contingent buffered equity notes due Sept. 2, 2015 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the final index level is at least 80% of the initial level, the payout at maturity will be par plus the greater of the index return and the contingent minimum return of 2.4%.
If the final index level falls below 80% of the initial level, investors will be fully exposed to losses from the initial index level.
The final index level will be the average of the closing index levels on the five trading days ending Aug. 28, 2015.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase & Co.
|
| Issue: | Contingent buffered equity notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $7,523,000
|
| Maturity: | Sept. 2, 2015
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If final index level is at least 80% of initial level, par plus greater of index return and 2.4%; otherwise, investors will be fully exposed to losses from initial level
|
| Initial level: | 3,149.23
|
| Final level: | Average of closing index levels on five trading days ending Aug. 28, 2015
|
| Pricing date: | Feb. 28
|
| Settlement date: | March 5
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 1.25%
|
| Cusip: | 48126N5B9
|
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