New Issue: JPMorgan sells $500,000 contingent buffered notes tied to Euro Stoxx 50

By Susanna Moon

Chicago, Jan. 21 – JPMorgan Chase & Co. priced $500,000 of 0% capped contingent buffered return enhanced notes due July 19, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.

If the index finishes above its initial level, the payout at maturity will be par plus triple the gain, up to a maximum return of 40%.

If the index falls by up to 25%, the payout will be par.

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 contingent buffered return enhanced notes
Underlying index:	Euro Stoxx 50
Amount:	$500,000
Maturity:	July 19, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains, par plus 300% of the return, capped at 40%; if index falls by up to 25%, par; otherwise, par plus the return, with full exposure to any losses
Initial level:	2,952.48
Contingent buffer:	25%
Pricing date:	Jan. 15
Settlement date:	Jan. 21
Agent:	J.P. Morgan Securities LLC
Fees:	1%
Cusip:	48128GKH

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