New Issue: JPMorgan prices $1.52 million return notes tied to December 2016 WTI crude oil futures

By Toni Weeks

San Luis Obispo, Calif., March 12 – JPMorgan Chase & Co. priced $1.52 million of 0% return notes due Nov. 23, 2016 linked to the December 2016 WTI crude oil futures contract, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the contract return.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Return notes
Underlying commodity:	December 2016 WTI crude oil futures contract (Symbol: CLZ6)
Amount:	$1.52 million
Maturity:	Nov. 23, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus the contract return
Initial level:	$60.83
Final level:	Average of commodity’s closing levels on the five trading days ending Nov. 18, 2016
Pricing date:	March 10
Settlement date:	March 13
Agent:	J.P. Morgan Securities LLC
Fees:	1.2%
Cusip:	48125UCY6

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