New Issue: JPMorgan prices $1.43 million uncapped buffered equity notes linked to index basket

By Toni Weeks

San Luis Obispo, Calif., May 29 – JPMorgan Chase & Co. priced $1.43 million of 0% uncapped buffered equity notes due May 31, 2019 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

If the basket return is positive, the payout at maturity will be par plus the basket return. If the basket return is negative and the final basket level falls by up to 17.5%, the payout will be par. If the final basket level is less than the initial level by more than 17.5%, investors will be fully exposed to the decline.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Uncapped buffered equity notes
Underlying indexes:	Euro Stoxx 50 (37% weight), FTSE 100 (23% weight), Topix (23% weight), Swiss Market (9% weight) and S&P/ASX 200 (8% weight)
Amount:	$1,428,000
Maturity:	May 31, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus basket return; par if basket falls by up to 17.5%; full exposure to basket decline if it falls by more than 17.5%
Buffer amount:	17.5%
Initial index levels:	3,619.3 for Euro Stoxx, 6,948.99 for FTSE, 1,659.57 for Topix, 9,272.68 for Swiss Market and 5,773.383 for S&P/ASX 200
Pricing date:	May 26
Settlement date:	May 29
Agent:	J.P. Morgan Securities LLC
Fees:	2.75%
Cusip:	48125UPS5

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