New Issue: JPMorgan prices $5.68 million capped buffered enhanced notes on S&P 500

By Jennifer Chiou

New York, March 25 - JPMorgan Chase & Co. priced $5,676,000 of 0% capped buffered enhanced participation equity notes due Jan. 11, 2016 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 1.2 times any gain in the index, up to a maximum return of $1,186 per $1,000 principal amount.

Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Capped buffered enhanced participation equity notes
Underlying index:	S&P 500
Amount:	$5,676,000
Maturity:	Jan. 11, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 120% of any gain in the index, capped at 18.6%; par if index declines by up to 10%; 1.1111% loss for every 1% decline beyond 10%
Initial level:	1,866.52
Pricing date:	March 21
Settlement date:	March 28
Agent:	J.P. Morgan Securities LLC
Fees:	None
Cusip:	48127DCE6

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