New Issue: JPMorgan prices $1.78 million capped buffered return enhanced notes on Russell 2000

By Jennifer Chiou

New York, Nov. 26 – JPMorgan Chase & Co. priced $1,784,000 of 0% capped buffered return enhanced notes due Nov. 30, 2016 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange.

The payout at maturity will be par plus 1.75 times any gain in the index, up to a maximum return of 18%.

Investors will receive par for declines up to 10% and will lose 1% for every 1% decline beyond 10%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Capped buffered return enhanced notes
Underlying index:	Russell 2000
Amount:	$1,784,000
Maturity:	Nov. 30, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 175% of any gain in the index, capped at 18%; par for losses up to 10%; 1% loss for every 1% drop beyond 10%
Initial level:	1,186.940
Pricing date:	Nov. 24
Settlement date:	Nov. 28
Agent:	J.P. Morgan Securities LLC
Fees:	0.21466%
Cusip:	48127DR91

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