New Issue: JPMorgan prices $3.59 million capped buffered enhanced participation notes on MSCI EAFE

By Toni Weeks

San Luis Obispo, Calif., July 2 - JPMorgan Chase & Co. priced $3.59 million of 0% capped buffered enhanced participation equity notes due July 2, 2015 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 130% of the index return, subject to a maximum settlement amount of $1,263.25 per $1,000 principal amount. Investors will receive par if the index falls by up to 15% and will lose 1.1765% for every 1% decline beyond the 15% buffer.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Capped buffered enhanced participation equity notes
Underlying index:	MSCI EAFE
Amount:	$3,585,000
Maturity:	July 2, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 130% of index return, subject to maximum settlement amount of $1,263.25 per $1,000 principal amount; par for index decline of up to 15%; 1.1765% loss for every 1% index decline beyond 15%
Initial index:	1,638.94
Trade date:	June 28
Settlement date:	July 8
Agent:	J.P. Morgan Securities LLC
Fees:	None
Cusip:	48126NGH4

© 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.