New Issue: JPMorgan prices $4.56 million PLUS linked to Euro Stoxx Banks

By Angela McDaniels

Tacoma, Wash., Aug. 4 – JPMorgan Chase & Co. priced $4.56 million of 0% Performance Leveraged Upside Securities due Sept. 3, 2015 linked to the Euro Stoxx Banks index, according to an FWP filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum return of 18%. If the index return is negative, investors will have one-to-one exposure to the decline.

J.P. Morgan Securities LLC is the agent. Distribution is through Morgan Stanley Smith Barney LLC.

Issuer:	JPMorgan Chase & Co.
Issue:	Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx Banks
Amount:	$4,556,250
Maturity:	Sept. 3, 2015
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus 300% of index return, subject to 18% maximum return; if index return is negative, one-to-one exposure to decline
Initial index level:	143.78
Pricing date:	July 31
Settlement date:	Aug. 5
Agent:	J.P. Morgan Securities LLC
Distribution:	Morgan Stanley Smith Barney LLC
Fees:	2%
Cusip:	48127H307

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