New Issue: JPMorgan prices $8.86 million PLUS tied to Russell 2000 index

By Toni Weeks

San Luis Obispo, Calif., Sept. 3 – JPMorgan Chase & Co. priced $8.86 million of 0% Performance Leveraged Upside Securities due Oct. 5, 2015 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any gain in the index, up to a maximum return of 13.75%.

Investors will be fully exposed to any decline in the index.

J.P. Morgan Securities LLC is the agent. Morgan Stanley Smith Barney LLC will handle distribution.

Issuer:	JPMorgan Chase & Co.
Issue:	Performance Leveraged Upside Securities
Underlying index:	Russell 2000
Amount:	$8,861,950
Maturity:	Oct. 5, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any index gain, capped at 13.75%; full exposure to losses
Initial level:	1,174.351
Pricing date:	Aug. 29
Settlement date:	Sept. 4
Agent:	J.P. Morgan Securities LLC with Morgan Stanley Smith Barney LLC as dealer
Fees:	2%
Cusip:	481246551

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