New Issue: JPMorgan prices $9.66 million capped dual directional buffered notes on Euro Stoxx 50

By Jennifer Chiou

New York, March 31 – JPMorgan Chase & Co. priced $9,663,000 of 0% capped dual directional contingent buffered equity notes due Oct. 5, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial level, the payout at maturity will be par plus the index return, subject to a maximum return of 18.1%.

If the index falls by up to 18.1%, the payout will be par plus the absolute value of the index return.

Otherwise, investors will be fully exposed to any index decline.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Capped dual directional contingent buffered equity notes
Underlying index:	Euro Stoxx 50
Amount:	$9,663,000
Maturity:	Oct. 5, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus index return, capped at 18.1%; if index falls by up to 18.1%, par plus absolute value of index return; otherwise, full exposure to losses
Initial level:	3,679.03
Pricing date:	March 27
Settlement date:	April 1
Agent:	J.P. Morgan Securities LLC
Fees:	1.25%
Cusip:	48125UKY7

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