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Published on 5/27/2014 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1.88 million capped buffered equity notes on iShares MSCI EAFE

By Susanna Moon

Chicago, May 27 - JPMorgan Chase & Co. priced $1.88 million of 0% capped buffered equity notes due May 26, 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 any fund gain, up to a maximum return of 14.5%.

Investors will receive par if the fund falls by up to 15% and will lose 1% for every 1% decline beyond 15%.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Capped buffered equity notes
Underlying fund:iShares MSCI EAFE ETF
Amount:$1,878,000
Maturity:May 26, 2016
Coupon:0%
Price:Par
Payout at maturity:Par plus any fund gain, up to a maximum return of 14.5%; par if fund falls by 15% or less; 1% loss for every 1% decline beyond 15%
Initial level:$68.54
Buffer level:85% of initial level
Pricing date:May 22
Settlement date:May 28
Agent:J.P. Morgan Securities LLC
Fees:None
Cusip:48127DHT8

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