New Issue: JPMorgan Chase sells $3.8 million capped enhanced notes on index basket

By Wendy Van Sickle

Columbus, Ohio, Nov. 13 – JPMorgan Chase & Co. priced $3.8 million of 0% capped enhanced participation notes due Feb. 16, 2018 linked to a basket of five indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

If the basket return is positive, the payout at maturity will be par plus two times the basket return, subject to a maximum payout of $1,417 for each $1,000 principal amount of notes. Investors will be fully exposed to any losses.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Capped enhanced participation notes
Underlyings:	Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight
Amount:	$3.8 million
Maturity:	Feb. 16, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus two times any basket gain, capped at $1,417 for each $1,000 principal; full exposure to losses.
Initial index levels:	3,387.70 for Euro Stoxx 50; 6,178.68 for FTSE 100; 1,593.57 for Topix; 8,816.94 for Swiss Market and 5,125.94 for S&P/ASX 200
Pricing date:	Nov. 12
Settlement date:	Nov. 19
Agent:	J.P. Morgan Securities LLC
Fees:	2.25%
Cusip:	48128GCL2

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