New Issue: JPMorgan prices $515,000 buffered return enhanced notes linked to S&P, Russell

By Tali Rackner

Norfolk, Va., March 8 – JPMorgan Chase & Co. priced $515,000 of 0% capped buffered return enhanced notes due March 8, 2018 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 75% weight and the Russell 2000 index with a 25% weight.

If the basket return is positive, the payout at maturity will be par plus 1.5 times the basket gain, up to a maximum return of 15.75%.

Investors will receive par if the basket declines by 15% or less and will be exposed to any declines beyond 15%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Capped buffered return enhanced notes
Underlying indexes:	S&P 500 index (75% weight), Russell 2000 index (25% weight)
Amount:	$515,000
Maturity:	March 8, 2018
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus 1.5 times any basket gain, capped at 15.75%; par if basket declines by 15% or less; full exposure to losses beyond 15%
Initial values:	1,999.99 for S&P, 1,081.935 for Russell
Pricing date:	March 4
Settlement date:	March 9
Agent:	J.P. Morgan Securities LLC
Fees:	0.4%
Cusip:	48128GRB8

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