New Issue: JPMorgan prices $762,000 capped buffered enhanced participation notes on iShares EM

By Toni Weeks

San Luis Obispo, Calif., July 16 - JPMorgan Chase & Co. priced $762,000 of 0% capped buffered enhanced participation equity notes due July 16, 2015 linked to the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 130% of the fund return, subject to a maximum settlement amount of $1,256.75 per $1,000 principal amount. Investors will receive par if the fund falls by up to 15% and will lose 1.1765% for every 1% decline beyond the 15% buffer.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Capped buffered enhanced participation equity notes
Underlying fund:	iShares MSCI Emerging Markets ETF
Amount:	$762,000
Maturity:	July 16, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 130% of fund return, subject to maximum settlement amount of $1,256.75 per $1,000 principal amount; par for fund decline of up to 15%; 1.1765% loss for every 1% fund decline beyond 15%
Initial level:	$38.94
Trade date:	July 12
Settlement date:	July 19
Agent:	J.P. Morgan Securities LLC
Fees:	None
Cusip:	48126NJT5

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