New Issue: JPMorgan prices $1.15 million buffered return enhanced notes linked to iShares MSCI EM fund

New York, Feb. 27 - JPMorgan Chase & Co. priced $1.147 million of 0% buffered return enhanced notes due Aug. 29, 2014 linked to the iShares Emerging Markets Index Fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any fund gain, up to a maximum return of 14%. Investors will receive par if the fund falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

JPMorgan Securities Inc. is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Buffered return enhanced notes
Underlying ETF:	iShares MSCI Emerging Markets Index Fund
Amount:	$1.147 million
Maturity:	Aug. 29, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any fund gain, capped at 14%; par if fund index declines by 10% or less; 1% loss for every 1% decline beyond 10%
Initial price:	42.70
Pricing date:	Feb. 25
Settlement date:	Feb. 28
Agent:	JPMorgan Securities Inc.
Fees:	1.26%
Cusip:	48126DVP1

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.