New Issue: JPMorgan prices $1.72 million capped buffered equity notes linked to Nikkei 225

By Toni Weeks

San Luis Obispo, Calif., Feb. 26 – JPMorgan Chase & Co. priced $1.72 million of 0% capped buffered equity notes due March 1, 2017 linked to the Nikkei 225 index, according to a 424B2 with the Securities and Exchange.

The payout at maturity will be par plus any gain in the index, up to a maximum return of 23.8%.

Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% index decline beyond the 10% buffer.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Capped buffered equity notes
Underlying index:	Nikkei 225
Amount:	$1,719,000
Maturity:	March 1, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, capped at 23.8%; par if index falls by 10%; exposure to losses beyond 10%
Initial level:	18,603.48
Pricing date:	Feb. 24
Settlement date:	Feb. 27
Agent:	J.P. Morgan Securities LLC
Fees:	None
Cusip:	48125UEM0

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