By Jennifer Chiou
New York, June 28 - JPMorgan Chase & Co. priced $26.17 million of 0% notes due June 29, 2016 linked to an equally weighted basket consisting of the Dow Jones Industrial Average and the iShares MSCI EAFE index fund, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus the basket return, subject to a minimum payout of par.
The final basket level will be the average of its closing levels on 20 quarterly averaging dates, which will fall in March, June, September and December of each year beginning on Sept. 26, 2011 and ending June 24, 2016.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase & Co.
|
| Issue: | Notes
|
| Underlying assets: | Dow Jones Industrial Average and the iShares MSCI EAFE index fund, equally weighted
|
| Amount: | $26.17 million
|
| Maturity: | June 29, 2016
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus basket return averaged quarterly over life of notes; floor of par
|
| Initial levels: | 11,934.58 for DJIA; $57.10 for fund
|
| Pricing date: | June 24
|
| Settlement date: | June 29
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 4.83%, including 1% for selling concessions
|
| Cusip: | 48125XUR5
|
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