New Issue: JPMorgan prices $45,000 contingent buffered digital notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Aug. 28 – JPMorgan Chase & Co. priced $45,000 of 0% contingent buffered digital notes due Aug. 31, 2017 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 or equal to the initial index level or is less than the initial index level by up to 15%, the payout at maturity will be par plus 13.75%. If the final index level is less than the initial index level by more than 15%, investors will be fully exposed to the index’s decline from its initial level.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Capped buffered digital notes
Underlying index:	S&P 500
Amount:	$45,000
Maturity:	Aug. 31, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than or equal to initial index level or is less than initial index level by up to 15%, par plus 13.75%; if final index level is less than initial index level by more than 15%, full exposure to index’s decline from initial level
Initial index level:	1,940.51
Pricing date:	Aug. 26
Settlement date:	Aug. 31
Agent:	J.P. Morgan Securities LLC
Fees:	None
Cusip:	48125UH62

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