New Issue: JPMorgan prices $1.9 million buffered PLUS due 2018 tied to Euro Stoxx

By Tali Rackner

Norfolk, Va., Dec. 23 – JPMorgan Chase & Co. priced $1.9 million of 0% buffered Performance Leveraged Upside Securities due Dec. 20, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 200% of any index gain, up to a maximum return of 41%.

Investors will receive par if the index falls by up to 10% and will be exposed to any losses beyond 10%.

J.P. Morgan Securities LLC is the agent with Morgan Stanley Wealth Management handling distribution.

Issuer:	JPMorgan Chase & Co.
Issue:	Buffered Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50 index
Amount:	$1,897,000
Maturity:	Dec. 20, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 200% of any index gain, capped at 41%; par if index falls by up to 10%; exposure to any losses beyond 10%
Initial level:	3,246.78
Pricing date:	Dec. 16
Settlement date:	Dec. 21
Underwriter:	J.P. Morgan Securities LLC
Fees:	3%
Cusip:	48127Y144

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