By Angela McDaniels
Tacoma, Wash., Jan. 14 - JPMorgan Chase & Co. priced $1 million of 0% contingent buffered equity notes due July 15, 2015 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the final index level is greater than the initial index level, the payout at maturity will be par plus the index return.
If the final index level is equal to or less than the initial index level by up to 26.95%, the payout will be par.
If the final index level is less than the initial index level by more than 26.95%, investors will lose 1% for every 1% that the final level is less than the initial level.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase & Co.
|
| Issue: | Contingent buffered equity notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $1 million
|
| Maturity: | July 15, 2015
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If final index level is greater than initial index level, par plus index return; if index declines by up to 26.95%, par; if index declines by more than 26.95%, 1% loss for every 1% that final level is less than initial level
|
| Initial index level: | 3,104.15
|
| Pricing date: | Jan. 10
|
| Settlement date: | Jan. 15
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | None
|
| Cusip: | 48126NW52
|
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