By Susanna Moon
Chicago, Sept. 16 – JPMorgan Chase & Co. priced $863,000 of 0% capped buffered equity notes due Sept. 30, 2015 linked to the Euro Stoxx Banks index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any gain in the index, up to a maximum return of 24.45%.
Investors will receive par if the index falls by up to 15% and will be fully exposed to any losses if the index finishes below the 85% barrier level.
J.P. Morgan Securities LLC is the underwriter.
| Issuer: | JPMorgan Chase & Co.
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| Issue: | Capped buffered equity notes
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| Underlying index: | Euro Stoxx Banks
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| Amount: | $863,000
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| Maturity: | Sept. 30, 2015
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus any index gain, capped at 24.45%; par if index falls by up to 15%; full exposure to any losses if index finishes below barrier
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| Initial level: | 152.39
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| Barrier level: | 85% of initial level
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| Pricing date: | Sept. 12
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| Settlement date: | Sept. 17
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 1%
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| Cusip: | 48127DZW1
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