By Susanna Moon
Chicago, Aug. 19 – JPMorgan Chase & Co. priced $610,000 of 0% contingent buffered equity notes due Feb. 18, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange.
If the index finishes above the initial level, the payout at maturity will be par plus the return.
If the index falls by up to the 16.6% contingent buffer, the payout will be par.
Otherwise, investors will be fully exposed to any losses.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase & Co.
|
| Issue: | Contingent buffered equity notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $610,000
|
| Maturity: | Feb. 18, 2016
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index gains, par plus return; par if index falls by up to 16.6%; otherwise, full exposure to any losses
|
| Initial level: | 3,033.52
|
| Contingent buffer: | 16.6%
|
| Pricing date: | Aug. 15
|
| Settlement date: | Aug. 20
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 1.25%
|
| Cusip: | 48127DWX2
|
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