New Issue: JPMorgan prices $3.03 million of 5.5% yield notes linked to index, fund

By Susanna Moon

Chicago, April 22 – JPMorgan Chase & Co. priced $3.03 million of 5.5% yield notes due June 23, 2017 linked to the worse performing of the Russell 2000 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The payout at maturity will be par unless either component falls by more than 20%, in which case 1.25% loss per 1% decline of worst performing component beyond 20%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Yield notes
Underlying assets:	Russell 2000 index and iShares MSCI EAFE ETF
Amount:	$3,025,000
Maturity:	June 23, 2017
Coupon:	5.5%, payable monthly
Price:	Par of $1,000
Payout at maturity:	Par unless either component falls by more than 20%, in which case 1.25% loss per 1% decline of worst performing component beyond 20%
Initial levels:	1,142.294 for Russell and $59.87 for iShares MSCI EAFE
Buffer amounts:	20% of initial levels
Pricing date:	April 20
Settlement date:	April 25
Agent:	J.P. Morgan Securities LLC
Fees:	None
Cusip:	48128GWN6

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