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Published on 10/27/2011 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $8.77 million PLUS tied to iShares MSCI EM fund

By Jennifer Chiou

New York, Oct. 27 - JPMorgan Chase & Co. priced $8.77 million of 0% Performance Leveraged Upside Securities due Nov. 30, 2012 linked to the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 300% of any increase in the fund share price, capped at 23.5%.

Investors will share in any losses.

J.P. Morgan Securities LLC is the agent with Morgan Stanley Smith Barney LLC as distributor.

Issuer:JPMorgan Chase & Co.
Issue:Performance Leveraged Upside Securities
Underlying fund:iShares MSCI Emerging Markets index fund
Amount:$8,766,360
Maturity date:Nov. 30, 2012
Coupon:0%
Price:Par
Payout at maturity:If fund gains, par plus 300% of gain, capped at 23.5%; full exposure to losses
Initial price:$39.58
Pricing date:Oct. 25
Settlement date:Oct. 28
Agents:J.P. Morgan Securities LLC; Morgan Stanley Smith Barney LLC (distributor)
Fees:2%
Cusip:46636T556

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