New Issue: JPMorgan prices $1.07 million buffered return enhanced notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Aug. 27 – JPMorgan Chase & Co. priced $1.07 million of 0% capped buffered return enhanced notes due Aug. 30, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus the index return, up to a maximum return of 8.55%. Investors will receive par if the index falls by 30% or less and will lose 1% for every 1% that the index declines beyond 30%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Capped buffered return enhanced notes
Underlying index:	S&P 500
Amount:	$1,069,000
Maturity:	Aug. 30, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, capped at 8.55%; par if index declines by 30% or less; 1% loss for every 1% that index declines beyond 30%
Initial index level:	1,867.61
Pricing date:	Aug. 25
Settlement date:	Aug. 28
Agent:	J.P. Morgan Securities LLC
Fees:	0.75%
Cusip:	48125UT44

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