New Issue: JPMorgan prices $1.83 million PLUS due 2017 tied to Russell 2000 index

By Marisa Wong

Morgantown, W.Va., Feb. 5 – JPMorgan Chase & Co. priced $1.83 million of 0% Performance Leveraged Upside Securities due May 3, 2017 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 19.85%. Investors will be fully exposed to any decline in the index.

J.P. Morgan Securities LLC is the agent. Distribution is through Morgan Stanley Smith Barney LLC.

Issuer:	JPMorgan Chase & Co.
Issue:	Performance Leveraged Upside Securities
Underlying index:	Russell 2000
Amount:	$1,827,920
Maturity:	May 3, 2017
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any index gain, capped at 19.85%; full exposure to any losses
Initial index level:	1,035.381
Pricing date:	Jan. 29
Settlement date:	Feb. 3
Agent:	J.P. Morgan Securities LLC
Distribution:	Morgan Stanley Smith Barney LLC
Fees:	2.25%
Cusip:	48128A335

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