New Issue: JPMorgan sells $2.29 million return enhanced notes on S&P, Russell

By Devika Patel

Knoxville, Tenn., Feb. 9 – JPMorgan Chase & Co. priced $2.29 million of 0% capped buffered return enhanced notes due Feb. 8, 2018 linked to a basket consisting of the S&P 500 index with a 50% weight and the Russell 2000 index also with a 50% weight, according to a 424B2 filing with the Securities and Exchange Commission.

If the basket return is positive, the payout at maturity will be par plus 1.5 times the basket return, up to a maximum return of 19.25%. Investors will receive par if the basket declines by 15% or less and will be exposed to any declines beyond 15%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Capped buffered return enhanced notes
Underlying basket:	S&P 500 index (50% weight), Russell 2000 index (50% weight)
Amount:	$2.29 million
Maturity:	Feb. 8, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus 1.5 times basket return, up to 19.25% maximum return; par if basket declines by 15% or less; full exposure to declines beyond 15%
Initial levels:	1,912.53 for S&P 500, 1,010.298 for Russell 2000
Pricing date:	Feb. 3
Settlement date:	Feb. 8
Agents:	J.P. Morgan Securities LLC
Fees:	0.4%
Cusip:	48128GMN7

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