By Susanna Moon
Chicago, April 16 - JPMorgan Chase & Co. priced $1 million of 0% capped contingent buffered equity notes due Oct. 22, 2014 linked to the MSCI Emerging Markets index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain, up to a maximum return of 30.1%.
Investors will receive par if the index falls by up to 20% and will be fully exposed to any loses if the index finishes below the 80% trigger level.
J.P. Morgan Securities LLC is the agent.
Issuer: | JPMorgan Chase & Co.
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Issue: | Capped contingent buffered equity notes
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Underlying index: | MSCI Emerging Markets index
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Amount: | $1 million
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Maturity: | Oct. 22, 2014
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus any index gain, capped at 30.1%; par if index falls by 20% or less and full exposure to any loses if index finishes below trigger
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Initial level: | 1,019.61
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Pricing date: | April 12
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Settlement date: | April 17
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Agent: | J.P. Morgan Securities LLC
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Fees: | 1%
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Cusip: | 48126DR43
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