New Issue: JPMorgan sells $4.33 million capped buffered return enhanced notes on MSCI EAFE

By Tali Rackner

Norfolk, Va., April 5– JPMorgan Chase & Co. priced $4.33 million of 0% capped buffered return enhanced notes due March 29, 2018 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 two times any ETF gain, subject to a maximum return of 22%.

If the ETF drops by up to 10%, the payout will be par. Investors will lose 1% for every 1% the ETF declines beyond the 10% buffer.

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:	$4,334,000
Maturity:	March 29, 2018
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus two times times any ETF gain, capped at 22%; par if ETF falls by up to 10%; 1% loss for every 1% ETF falls beyond 10%
Initial level:	$56.69
Pricing date:	March 28
Settlement date:	March 31
Agent:	J.P. Morgan Securities LLC
Fees:	0.31001%
Cusip:	48128GQB9

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