New Issue: JPMorgan sells $1.11 million capped buffered return enhanced notes on Euro Stoxx

By Tali Rackner

Norfolk, Va., May 6 – JPMorgan Chase & Co. priced $1.11 million of 0% capped buffered return enhanced notes due April 30, 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 plus double any index gain, subject to a maximum return of 29%.

If the index drops by up to 10%, the payout will be par. Otherwise, investors will be fully exposed to the losses beyond 10%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Capped buffered return enhanced notes
Underlying index:	Euro Stoxx 50
Amount:	$1,105,000
Maturity:	April 30, 2018
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus double times any index gain, capped at 29%; par if index falls by up to 10%; otherwise, full exposure to losses beyond 10%
Initial level:	3,121.29
Pricing date:	April 26
Settlement date:	April 29
Agent:	J.P. Morgan Securities LLC
Fees:	0.26923%
Cusip:	48128GSD3

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