New Issue: JPMorgan prices $2 million contingent buffered notes linked to Euro Stoxx Banks

By Angela McDaniels

Tacoma, Wash., July 18 – JPMorgan Chase & Co. priced $2 million of 0% capped contingent buffered equity notes due July 21, 2016 linked to the Euro Stoxx Banks index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the initial index level or is less than the initial index level by up to 20%, the payout at maturity will be par plus the greater of the index return and 6%, subject to a maximum return of 36.5%. If the index falls by more than 20%, investors will be fully exposed to the index’s decline from the initial level.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Capped contingent buffered equity notes
Underlying index:	Euro Stoxx Banks
Amount:	$2 million
Maturity:	July 21, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is at least 80% of initial level, par plus greater of index return and 6%, subject to maximum return of 36.5%; otherwise, full exposure to index’s decline from initial level
Initial index level:	144.59
Pricing date:	July 16
Settlement date:	July 21
Agent:	J.P. Morgan Securities LLC
Fees:	1.1%
Cusip:	48127DTH1

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