By Susanna Moon
Chicago, April 9 - JPMorgan Chase & Co. priced $1 million of 0% capped contingent buffered equity notes due April 23, 2014 linked to the Hang Seng China Enterprises index, converted into dollars, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain, up to a maximum return of 15.05%.
Investors will receive par if the index falls by up to 20% and will be fully exposed to any loses if the index finishes below the 80% trigger level.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase & Co.
|
| Issue: | Capped contingent buffered equity notes
|
| Underlying index: | Hang Seng China Enterprises index
|
| Amount: | $1 million
|
| Maturity: | April 23, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any index gain, capped at 15.05%; par if index falls by 20% or less and full exposure to any loses if index finishes below trigger
|
| Initial level: | 1,342.98225
|
| Pricing date: | April 5
|
| Settlement date: | April 10
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 1%
|
| Cusip: | 48126DL80
|
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