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Published on 4/4/2016 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1.48 million buffered return optimization securities on MSCI EAFE

By Wendy Van Sickle

Columbus, Ohio, April 4 – JPMorgan Chase & Co. priced $1.48 million of 0% buffered return optimization securities due March 29, 2019 linked to the MSCI EAFE index, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 1.5 times any gain in the index, up to a maximum return of 34.5%.

Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

J.P. Morgan Securities LLC and UBS Financial Services Inc. are the agents.

Issuer:JPMorgan Chase & Co.
Issue:Buffered return optimization securities
Underlying index:MSCI EAFE
Amount:$1,479,250
Maturity:March 29, 2019
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 1.5 times return of index, capped at 34.5%; par if index declines by up to 10%; exposure to losses beyond 10%
Initial level:1,629.63
Pricing date:March 29
Settlement date:March 31
Agents:J.P. Morgan Securities LLC and UBS Financial Services Inc.
Fees:2.5%
Cusip:48128B887

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