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Published on 2/28/2013 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $20.51 million equity notes on Euro Stoxx 50 index

By Jennifer Chiou

New York, Feb. 28 -JPMorgan Chase & Co. priced $20,506,000 of 0% equity notes due Sept. 1, 2016 linked to the Euro Stoxx 50 index, converted into dollars, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be the greater of the contingent settlement amount of $1,462.50 per $1,000 principal amount and par plus the index return if the index return is zero or positive.

Investors will share in losses.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Equity notes
Underlying index:Euro Stoxx 50
Amount:$20,506,000
Maturity:Sept. 1, 2016
Coupon:0%
Price:Par
Payout at maturity:Par plus greater of contingent settlement amount of $1,462.50 per $1,000 principal amount and par plus the index return if the index return is zero or positive; exposure to losses
Initial level:3,504.43299
Pricing date:Feb. 25
Settlement date:March 4
Agent:J.P. Morgan Securities LLC
Fees:2.5%
Cusip:48126DYC7

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