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Published on 4/30/2014 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $541,000 capped buffered return enhanced notes on iShares MSCI EAFE

By Susanna Moon

Chicago, April 30 - JPMorgan Chase & Co. priced $541,000 of 0% capped buffered return enhanced notes due April 29, 2016 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any gain in the fund, up to a maximum return of 15%.

Investors will receive par if the fund falls by up to 10% and will be exposed to any losses beyond 10%.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Capped buffered return enhanced notes
Underlying fund:iShares MSCI EAFE ETF
Amount:$541,000
Maturity:April 29, 2016
Coupon:0%
Price:Par
Payout at maturity:Par plus 200% of any fund gain, capped at 15%; par if fund falls by 10% or less; exposure to losses beyond 10%
Initial level:$67.40
Pricing date:April 25
Settlement date:April 30
Underwriter:J.P. Morgan Securities LLC
Fees:0.22089%
Cusip:48127DDA3

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