New Issue: JPMorgan prices $2.08 million return optimization notes tied to DAX Index (Price Return)

By Toni Weeks

San Luis Obispo, Calif., Jan. 30 – JPMorgan Chase & Co. priced $2.08 million of 0% return optimization securities due July 29, 2016 linked to the DAX Index (Price Return), according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus triple the index return, subject to a maximum return of 24.22%. Investors will be fully exposed to any decline in the index.

J.P. Morgan Securities LLC and UBS Financial Services Inc. are the agents.

Issuer:	JPMorgan Chase & Co.
Issue:	Return optimization securities
Underlying index:	DAX Index (Price Return)
Amount:	$2,083,700
Maturity:	July 29, 2016
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus 300% of any index gain, capped at 24.22%; full exposure to any losses
Initial index level:	5,494.55
Pricing date:	Jan. 28
Settlement date:	Jan. 30
Agents:	UBS Financial Services Inc. and J.P. Morgan Securities LLC
Fees:	2%
Cusip:	48127P119

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