New Issue: JPMorgan prices $3 million dual directional contingent buffered notes on Euro Stoxx

By Marisa Wong

Madison, Wis., May 28 – JPMorgan Chase & Co. priced $3 million of 0% capped dual directional contingent buffered equity notes due Nov. 30, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above its initial level, the payout at maturity will be par plus the index gain, up to a maximum return of 16.6%.

If the index falls by up to 16.6%, the payout will be par plus the absolute value of the index return.

Otherwise, the payout will be par plus the return, with full exposure to any losses. 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 index
Amount:	$3 million
Maturity:	Nov. 30, 2016
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus any index gain, up to a maximum return of 16.6%; if index falls by up to 16.6%, par plus the absolute value of the index return; otherwise, par plus the return, with full exposure to any losses
Initial level:	3,679.14
Pricing date:	May 22
Settlement date:	May 28
Agent:	J.P. Morgan Securities LLC
Fees:	1.25%
Cusip:	48125USL7

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