By Jennifer Chiou
New York, March 26 - JPMorgan Chase & Co. priced $5.25 million of 1.8% principal-protected notes due March 27, 2015 linked to the J.P. Morgan Alternative Index Multi-Strategy 5 (USD) index, according to a 424B2 filing with the Securities and Exchange Commission.
Interest is payable annually.
The payout at maturity will be par plus 150% of any index gain, less a threshold percentage of 10%.
Investors will receive at least par.
For there to be an additional amount paid, the index has to appreciate at least 6.67%.
J.P. Morgan Securities Inc. is the agent.
| Issuer: | JPMorgan Chase & Co.
|
| Issue: | Principal-protected notes
|
| Underlying index: | J.P. Morgan Alternative Index Multi-Strategy 5 (USD)
|
| Amount: | $5,249,000
|
| Maturity: | March 27, 2015
|
| Coupon: | 1.8%, payable annually
|
| Price: | Par
|
| Payout at maturity: | Par plus any 150% of index gain, less a threshold percentage of 10%; floor of par
|
| Initial index level: | 102.71
|
| Pricing date: | March 24
|
| Settlement date: | March 29
|
| Agent: | J.P. Morgan Securities Inc.
|
| Fees: | 2%
|
| Cusip: | 48124AKU0
|
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