New Issue: JPMorgan prices $1.68 million capped enhanced participation notes linked to S&P 500

By Toni Weeks

San Luis Obispo, Calif., Jan. 22 - JPMorgan Chase & Co. priced $1.68 million of 0% capped enhanced participation equity notes due July 22, 2015 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial level, the payout at maturity will be par plus 150% of the index return, subject to a maximum settlement amount of $1,178.50 per $1,000 principal amount of notes.

Investors will share fully in any losses.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Capped enhanced participation equity notes
Underlying index:	S&P 500
Amount:	$1,683,000
Maturity:	July 22, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, up to maximum return of 17.85%; full exposure to losses
Initial index level:	1,838.7
Pricing date:	Jan. 17
Settlement date:	Jan. 27
Agent:	J.P. Morgan Securities LLC
Fees:	2%, all for selling concessions
Cusip:	48126NV53

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