New Issue: JPMorgan prices $485,000 contingent buffered equity notes tied to Euro Stoxx Banks

By Jennifer Chiou

New York, July 29 – JPMorgan Chase & Co. prices $485,000 of 0% contingent buffered equity notes due Jan. 27, 2016 linked to the Euro Stoxx Banks index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the initial level, the payout at maturity will be par plus the index return.

Investors will receive par for losses up to 15.9% and will be fully exposed to any losses beyond the buffer.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Contingent buffered equity notes
Underlying index:	Euro Stoxx Banks
Amount:	$485,000
Maturity:	Jan. 27, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above the initial level, par plus index return; par for losses up to 15.9%; otherwise, full exposure to any losses beyond buffer
Initial level:	147.21
Pricing date:	July 25
Settlement date:	July 30
Agent:	J.P. Morgan Securities LLC
Fees:	1.25%
Cusip:	48127DTY4

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