New Issue: JPMorgan prices $1.42 million review notes linked to Russell 2000, iShares MSCI EAFE

By Angela McDaniels

Tacoma, Wash., April 21 - JPMorgan Chase & Co. priced $1.42 million of 0% review notes due Oct. 22, 2015 linked to the lesser performing of the Russell 2000 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus a premium of 11.3% per year if each component closes at or above its initial level on Oct. 17, 2014, April 17, 2015 or Oct. 19, 2015.

If the notes are not called and the final level of each component is less than its initial level by up to 20%, the payout at maturity will be par. Otherwise, investors will lose 1.25% for each 1% that the lesser-performing component declines beyond 20%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Review notes
Underlying components:	Russell 2000 index and iShares MSCI EAFE ETF
Amount:	$1,423,000
Maturity:	Oct. 22, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	If final level of each component is less than initial level by up to 20%, par; otherwise, 1.25% loss for each 1% that lesser-performing component declines beyond 20%
Call:	At par plus premium of 11.3% per year if each component closes at or above initial level on Oct. 17, 2014, April 17, 2015 or Oct. 19, 2015.
Initial levels:	1,137.899 for index and $67.53 for ETF
Pricing date:	April 17
Settlement date:	April 23
Agent:	J.P. Morgan Securities LLC
Fees:	0.15%
Cusip:	48127DFL7

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