New Issue: JPMorgan prices $6.12 million one-year PLUS with cap linked to S&P 500

By Susanna Moon

Chicago, Jan. 7 – JPMorgan Chase & Co. priced $6.12 million of 0% Performance Leveraged Upside Securities due Feb. 5, 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 triple any index gain, up to a maximum return of 10.8%.

Investors will be exposed to any losses.

J.P. Morgan Securities LLC is the agent. Morgan Stanley Wealth Management will handle distribution.

Issuer:	JPMorgan Chase & Co.
Issue:	Performance Leveraged Upside Securities
Underlying index:	S&P 500 index
Amount:	$6,120,400
Maturity:	Feb. 5, 2016
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any index gain, capped at 10.8%; full exposure to losses
Initial level:	2,058.20
Pricing date:	Jan. 2
Settlement date:	Jan. 7
Agent:	J.P. Morgan Securities LLC with Morgan Stanley Wealth Management handling distribution
Fees:	1.75%
Cusip:	48127P440

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