New Issue: JPMorgan prices $4.48 million contingent return optimization notes linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., June 29 – JPMorgan Chase & Co. priced $4.48 million of 0% contingent return optimization securities due June 29, 2018 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the trigger level, 80% of the initial index level, the payout at maturity will be par of $10 plus the greater of 10% and the index return, subject to a maximum return of 42%.

If the final index level is less than the trigger level, investors will lose 1% for every 1% that the final level is below the initial level.

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

Issuer:	JPMorgan Chase & Co.
Issue:	Contingent return optimization securities
Underlying index:	Russell 2000
Amount:	$4,483,780
Maturity:	June 29, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If final index level is greater than or equal to trigger level, par plus greater of 10% and index return, subject to maximum return of 42%; if final index level is less than trigger level, 1% loss for every 1% that final level is below initial level
Initial index level:	1,283.281
Trigger level:	1,026.625, 80% of initial level
Pricing date:	June 25
Settlement date:	June 30
Underwriters:	UBS Financial Services Inc. and J.P. Morgan Securities LLC
Fees:	2.5%
Cusip:	48127X377

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