New Issue: JPMorgan prices $607,000 review notes linked to S&P 500, Russell 2000

By Susanna Moon

Chicago, Oct. 31 – JPMorgan Chase & Co. priced $607,000 of 0% review notes due Oct. 31, 2017 linked to the lesser performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus a premium of 9.25% per year if each index closes at or above its initial level on Nov. 4, 2015, Oct. 26, 2016 or Oct. 26, 2017.

If each index finishes at or above the 75% trigger level, the payout at maturity will be par plus 8%.

Otherwise, investors will be fully exposed to any losses of the worse performing index.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Review notes
Underlying indexes:	S&P 500 and Russell 2000
Amount:	$607,000
Maturity:	Oct. 31, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above trigger level, par plus 8%; otherwise, full exposure to any losses of the worse performing index
Call:	At par plus 9.25% per year if each index closes at or above initial level on Nov. 4, 2015, Oct. 26, 2016 or Oct. 26, 2017
Initial index levels:	1,985.05 for S&P 500 and 1,149.452 for Russell 2000
Trigger levels:	75% of initial levels
Pricing date:	Oct. 28
Settlement date:	Oct. 31
Agent:	J.P. Morgan Securities LLC
Fees:	3.125%
Cusip:	48127DH92

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