New Issue: JPMorgan prices $755,000 capped return enhanced notes linked to Apple

By Susanna Moon

Chicago, Dec. 4 - JPMorgan Chase & Co. priced $755,000 of 0% capped return enhanced notes due Feb. 26, 2014 linked to the Apple Inc. shares, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any gain in Apple shares, up to a maximum return of 39.15%.

Investors will be exposed to any losses.

J.P. Morgan Securities LLC is the underwriter.

Issuer:	JPMorgan Chase & Co.
Issue:	Capped return enhanced notes
Underlying stock:	Apple Inc. (Nasdaq: AAPL)
Amount:	$755,000
Maturity:	Feb. 26, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any stock gain, capped at 39.15%; exposure to any losses
Initial price:	$585.28
Pricing date:	Nov. 30
Settlement date:	Dec. 5
Underwriter:	J.P. Morgan Securities LLC
Fees:	1.1%
Cusip:	48126DJJ9

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