New Issue: JPMorgan prices $2.53 million buffered PLUS tied to Euro Stoxx 50 index

By Toni Weeks

San Luis Obispo, Calif., Jan. 14 - JPMorgan Chase & Co. priced $2.53 million of 0% buffered Performance Leveraged Upside Securities due July 15, 2015 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 1.5 times any gain in the index, up to a maximum return of 15%.

Investors will receive par if the index declines by up to 10% and will be exposed to any losses beyond the 10% buffer.

J.P. Morgan Securities LLC is the agent. Morgan Stanley Smith Barney LLC will handle distribution.

Issuer:	JPMorgan Chase & Co.
Issue:	Buffered Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$2,525,000
Maturity:	July 15, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, capped at 15%; par if index falls by up to 10%; 1% loss for every 1% decline beyond 10%
Initial level:	3,104.15
Pricing date:	Jan. 10
Settlement date:	Jan. 15
Agent:	J.P. Morgan Securities LLC with Morgan Stanley Smith Barney LLC as dealer
Fees:	1.6%
Cusip:	48127A310

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