By Toni Weeks
San Luis Obispo, Calif., Jan. 13 - JPMorgan Chase & Co. priced $4.2 million of 0% capped enhanced participation equity notes due Jan. 11, 2016 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
If the final index level is greater than the initial level, the payout at maturity will be par plus 200% of the index return, subject to a maximum settlement amount of $1,329 per $1,000 principal amount of notes.
Investors will share fully in any losses.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase & Co.
|
| Issue: | Capped enhanced participation equity notes
|
| Underlying index: | MSCI EAFE
|
| Amount: | $4.2 million
|
| Maturity: | Jan. 11, 2016
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 200% of any index gain, up to maximum return of 32.9%; full exposure to losses
|
| Initial index level: | 1,892.69
|
| Pricing date: | Jan. 9
|
| Settlement date: | Jan. 16
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 1.75%
|
| Cusip: | 48126NT23
|
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