New Issue: JPMorgan prices $642,000 capped buffered return enhanced notes on iShares MSCI EAFE

By Jennifer Chiou

New York, Jan. 29 – JPMorgan Chase & Co. priced $642,000 of 0% capped buffered return enhanced notes due Jan. 31, 2017 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 1.75 times any gain in the fund, up to a maximum return of 17%.

Investors will receive par if the fund falls by up to 10% and will lose 1% for each 1% decline 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:	$642,000
Maturity:	Jan. 31, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 175% of any gain in the fund, capped at 17%; par for losses up to 10%; 1% loss for every 1% drop beyond 10%
Initial level:	$62.29
Pricing date:	Jan. 27
Settlement date:	Jan. 30
Agent:	J.P. Morgan Securities LLC
Fees:	0.30141% with up to 0.6% for selling commissions
Cusip:	48127D4Q8

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