New Issue: JPMorgan prices $1.53 million autocallables linked to EM ETF, China index

By Angela McDaniels

Tacoma, Wash., March 4 – JPMorgan Chase & Co. priced $1.53 million of 0% autocallable notes due March 2, 2018 linked to the Vanguard FTSE Emerging Markets exchange-traded fund and the Hang Seng China Enterprises index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be automatically called at par plus 15% per year if each underlier closes at or above its initial level on March 7, 2016, Feb. 27, 2017 or Feb. 27, 2018.

The payout at maturity will be par unless either underlier finishes below its barrier level, 70% of its initial level, in which case investors will lose 1% for every 1% that the final level of the lesser performing underlier is less than its initial level.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Autocallable notes
Underliers:	Vanguard FTSE Emerging Markets exchange-traded fund and the Hang Seng China Enterprises index
Amount:	$1,527,000
Maturity:	March 2, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par unless either underlier finishes below barrier level, in which case 1% loss for every 1% that final level of lesser performing underlier is less than initial level
Call:	Automatically at par plus 15% per year if each underlier closes at or above initial level on March 7, 2016, Feb. 27, 2017 or Feb. 27, 2018
Initial levels:	$41.80 for ETF and 12,185.85 for index
Trigger values:	$29.26 for ETF and 8,530.095 for index, 70% of initial levels
Pricing date:	Feb. 27
Settlement date:	March 4
Agent:	J.P. Morgan Securities LLC
Fees:	2.25%
Cusip:	48125UGL0

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