New Issue: JPMorgan prices $405,000 capped buffered equity notes on index basket

By Toni Weeks

San Luis Obispo, Calif., Nov. 21 - JPMorgan Chase & Co. priced $405,000 of 0% capped buffered equity notes due May 24, 2016 linked to a basket consisting of the Russell 2000 index with a 75% weight and the S&P 500 index with a 25% weight, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any basket gain, up to a maximum return of 25%.

Investors will receive par if the basket falls by up to 15% and will lose 1% for every 1% decline beyond 15%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Capped buffered equity notes
Underlying basket:	Russell 2000 index (75% weight) and S&P 500 index (25% weight)
Amount:	$405,000
Maturity:	May 24, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any basket gain, capped at 25%; par if basket falls by up to 15%; 1% loss for every 1% decline beyond 15%
Initial levels:	1,101.38 for Russell and 1,787.87 for S&P 500
Pricing date:	Nov. 19
Settlement date:	Nov. 22
Agent:	J.P. Morgan Securities LLC
Fees:	None
Cusip:	48126NE94

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