New Issue: JPMorgan prices $7.51 million capped return enhanced notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., June 4 - JPMorgan Chase & Co. priced $7.51 million of 0% capped return enhanced notes due June 18, 2014 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 200% of any gain in the index, subject to a maximum return of 15.6%. Investors will be exposed to any index decline.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Capped return enhanced notes
Underlying index:	S&P 500
Amount:	$7.51 million
Maturity:	June 18, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any gain in index, subject to maximum return of 15.6%; exposure to any index decline
Initial index level:	1,630.74
Final index level:	Average of index's closing levels on June 9, 2014, June 10, 2014, June 11, 2014, June 12, 2014 and June 13, 2014
Pricing date:	May 31
Settlement date:	June 5
Agent:	J.P. Morgan Securities LLC
Fees:	1%
Cusip:	48126NBU0

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