New Issue: JPMorgan prices $3.18 million buffered return enhanced notes on iShares MSCI EAFE

By Marisa Wong

Madison, Wis., April 27 - JPMorgan Chase & Co. priced $3.18 million of 0% buffered return enhanced notes due Oct. 31, 2013 linked to 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 double any gain in the fund, up to a maximum return of 21.5%.

Investors will receive par if the fund falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Buffered return enhanced notes
Underlying fund:	iShares MSCI EAFE index fund
Amount:	$3,182,000
Maturity:	Oct. 31, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any fund gain, capped at 21.5%; par if fund falls by up to 10%; 1% loss for every 1% drop beyond 10%
Initial share price:	$53.52
Pricing date:	April 25
Settlement date:	April 30
Agent:	J.P. Morgan Securities LLC
Fees:	2%, including 0.25% for selling concessions
Cusip:	48125VTC4

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