New Issue: JPMorgan prices $1 million contingent buffered notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Aug. 20 – JPMorgan Chase & Co. priced $1 million of 0% contingent buffered equity notes due March 1, 2017 linked to the Euro Stoxx 50 index converted into dollars, according to a 424B2 filing with the Securities and Exchange Commission.

The initial index level and the final index level are converted into dollars from euros at the exchange rate then in effect.

If the final index level is greater than the initial index level, the payout at maturity will be par plus the index return. If the index falls by up to 12.5%, the payout will be par. Otherwise, investors will be fully exposed to the index’s decline.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Contingent buffered equity notes
Underlying index:	Euro Stoxx 50
Amount:	$1 million
Maturity:	March 1, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than initial index level, par plus index return; if index falls by up to 12.5%, par; otherwise, full exposure to index’s decline
Initial index level:	3,857.15183, set using closing index level of 3,495.38 and exchange rate of 1.1035 dollars per euro
Pricing date:	Aug. 18
Settlement date:	Aug. 21
Agent:	J.P. Morgan Securities LLC
Fees:	1.25%
Cusip:	48125UN73

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