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Published on 11/4/2013 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $8.42 million one-year PLUS linked to S&P 500

By Marisa Wong

Madison, Wis., Nov. 4 - JPMorgan Chase & Co. priced $8.42 million of 0% Performance Leveraged Upside Securities due Dec. 4, 2014 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 300% of any index gain, up to a maximum return of 11.25%.

Investors will be exposed to any losses.

J.P. Morgan Securities LLC is the agent with Morgan Stanley Smith Barney LLC as the dealer.

Issuer:JPMorgan Chase & Co.
Issue:Performance Leveraged Upside Securities
Underlying index:S&P 500
Amount:$8,421,540
Maturity:Dec. 4, 2014
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 300% of any index gain, capped at 11.25%; exposure to any losses
Initial level:1,756.54
Pricing date:Oct. 31
Settlement date:Nov. 5
Agent:J.P. Morgan Securities LLC with Morgan Stanley Smith Barney LLC
Fees:2%
Cusip:48126H274

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