By Wendy Van Sickle
Columbus, Ohio, Jan. 10 – JPMorgan Chase & Co. priced $2.12 million of 0% capped buffered enhanced participation equity notes due April 11,, 2018 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
If the final index level is greater than the initial level, the payout at maturity will be par plus 150% of the index return, subject to a maximum settlement amount of $1,165 per $1,000 principal amount of notes.
Investors will receive par if the index falls by up to 10% and will lose 1.1111% for each 1% index decline beyond 10%.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase & Co.
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| Issue: | Capped buffered enhanced participation equity notes
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| Underlying index: | MSCI EAFE
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| Amount: | $2.12 million
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| Maturity: | April 11, 2018
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 150% of any index gain, up to maximum return of 16.5%; par if index falls by 10%; 1.1111% loss for each 1% index decline beyond 10%
|
| Initial index level: | 1,713.87
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| Pricing date: | Jan. 6
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| Settlement date: | Jan. 13
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 0%
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| Cusip: | 46646QTD7
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