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Published on 4/29/2015 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $757,000 uncapped buffered notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., April 29 – JPMorgan Chase & Co. priced $757,000 of 0% uncapped buffered return enhanced notes due April 30, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 1.05 times the index return. Investors will receive par if the index falls by 20% or less and will lose 1% for every 1% that the index declines beyond 20%.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Uncapped buffered return enhanced notes
Underlying index:Euro Stoxx 50
Amount:$757,000
Maturity:April 30, 2019
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.05 times any index gain; par if index declines by 20% or less; 1% loss for every 1% that index declines beyond 20%
Initial index level:3,771.45
Pricing date:April 27
Settlement date:April 30
Agent:J.P. Morgan Securities LLC
Fees:0.21863%
Cusip:48125ULV2

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