New Issue: JPMorgan prices $4.22 million contingent return optimization notes on Russell 2000

By Susanna Moon

Chicago, Oct. 2 – JPMorgan Chase & Co. priced $4.22 million of 0% contingent return optimization securities due Sept. 28, 2018 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the 80% trigger level, the payout at maturity will be par of $10 plus the greater of the 10% contingent return and the index return, up to a maximum return of 50.5%.

Otherwise, investors will be fully exposed to any losses.

UBS Financial Services Inc. and J.P. Morgan Securities LLC are the agents.

Issuer:	JPMorgan Chase & Co.
Issue:	Contingent return optimization securities
Underlying index:	Russell 2000
Amount:	$4,215,100
Maturity:	Sept. 28, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index finishes at or above 80% trigger level, par of $10 plus the greater of the 10% contingent return and the index return, up to a maximum return of 50.5%; otherwise, full exposure to any losses
Initial level:	1,122.789
Trigger level:	80% of initial level
Pricing date:	Sept. 25
Settlement date:	Sept. 30
Underwriters:	UBS Financial Services Inc. and J.P. Morgan Securities LLC
Fees:	2.5%
Cusip:	48127V181

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