By Susanna Moon
Chicago, May 6 – JPMorgan Chase & Co. priced $7.41 million of 0% capped buffered return enhanced notes due Nov. 6, 2017 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the Euro Stoxx 50 index with a 34.8% weight, the S&P 500 index with a 30% weight, FTSE 100 index with a 12.6% weight, the Topic index with a 12.6% weight and the Russell 2000 index with a 10% weight.
The payout at maturity will be par plus 1.5 times any gain in the index, up to a maximum return of 27.5%.
Investors will receive par if the index falls by up to 15% and will lose 1.1765% for each 1% decline beyond 15%.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase & Co.
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| Issue: | Capped buffered return enhanced notes
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| Underlying basket: | Euro Stoxx 50 (34.8% weight), S&P 500 index (30% weight), FTSE 100 index (12.6% weight), the Topic index (12.6% weight) and the Russell 2000 index (10% weight)
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| Amount: | $7,408,000
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| Maturity: | Nov. 6, 2017
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 1.5 times any index gain, capped at 27.5%; par if index falls by up to 15%; 1.1765% loss for each 1% decline beyond 15%
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| Pricing date: | May 1
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| Settlement date: | May 6
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 0.77986%
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| Cusip: | 48125UPT3
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