New Issue: JPMorgan sells $7.4 million leveraged buffered notes tied to MSCI EAFE

By Marisa Wong

Madison, Wis., April 24 - JPMorgan Chase & Co. priced $7.4 million of 0% capped leveraged buffered index-linked notes due Oct. 27, 2014 tied to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, up to a maximum settlement amount of $1,300 for each $1,000 principal amount.

Investors will receive par if the index falls by up to 20% and will lose 1.25% for each 1% decline beyond 20%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Capped leveraged buffered index-linked notes
Underlying index:	MSCI EAFE index
Amount:	$7.4 million
Maturity:	Oct. 27, 2014
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus double any index gain, payment capped at $1,300 per note; par if index falls by up to 20%; 1.25% loss for each 1% decline beyond 20%
Initial level:	1,511.15
Pricing date:	April 20
Settlement date:	April 27
Agent:	J.P. Morgan Securities LLC
Fees:	1.75%
Cusip:	48125VVK3

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