By Susanna Moon
Chicago, Jan. 9 - JPMorgan Chase & Co. priced $198,000 of 0% capped buffered enhanced participation equity notes due April 11, 2014 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 plus triple any fund gain, up to a maximum return of $1,132 per $1,000 principal amount.
Investors will receive par if the shares fall by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase & Co.
|
| Issue: | Capped buffered enhanced participation equity notes
|
| Underlying fund: | iShares MSCI Emerging Markets index fund
|
| Amount: | $198,000
|
| Maturity: | April 11, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus triple any fund gain, capped at 13.2%; par if shares fall by up to 10%; 1.1111% loss for every 1% decline beyond 10%
|
| Initial level: | $44.65
|
| Pricing date: | Jan. 7
|
| Settlement date: | Jan. 14
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | None
|
| Cusip: | 48126DRV3
|
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