By Jennifer Chiou
New York, June 23 - JPMorgan Chase & Co. priced another $787,000 of notes to add to the original $2 million of 1.65% principal-protected notes due June 15, 2015 linked to the J.P. Morgan Alternative Index Multi-Strategy 5 (USD), according to a 424B2 filing with the Securities and Exchange Commission.
Interest is payable on June 15 of each year.
The payout at maturity will be par plus 1.5 times the index return minus a threshold percentage of 8.7%.
Investors will receive at least par.
J.P. Morgan Securities Inc. is the agent.
| Issuer: | JPMorgan Chase & Co.
|
| Issue: | Principal-protected notes
|
| Underlying index: | J.P. Morgan Alternative Index Multi-Strategy 5 (USD)
|
| Amount: | $2,787,000 (up from $2 million)
|
| Maturity: | June 15, 2015
|
| Coupon: | 1.65%, payable annually
|
| Price: | Par
|
| Payout at maturity: | Par plus 150% of the index return minus a threshold percentage of 8.7%; floor of par
|
| Initial index level: | 103.77
|
| Pricing date: | June 10 for $2 million; June 21 for reopened notes
|
| Settlement date: | June 15 for $2 million; June 24 for reopened notes
|
| Agent: | J.P. Morgan Securities Inc.
|
| Fees: | 2.1%, including 0.1% for selling concessions
|
| Cusip: | 48124AUK1
|
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