New Issue: JPMorgan prices $6.97 million capped buffered return notes on SPDR Gold

By Susanna Moon

Chicago, Nov. 28 - JPMorgan Chase & Co. priced $6.97 million of 0% capped buffered return enhanced notes due Dec. 26, 2013 linked to the SPDR Gold Trust, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any fund gain, up to a maximum return of 10.35%.

Investors will receive par if the fund falls by up to 5% and will lose 1% for every 1% decline beyond 5%.

J.P. Morgan Securities LLC is the underwriter.

Issuer:	JPMorgan Chase & Co.
Issue:	Capped buffered return enhanced notes
Underlying fund:	SPDR Gold Trust
Amount:	$6,973,000
Maturity:	Dec. 26, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any fund gain, capped at 10.35%; par if fund falls by up to 5%; 1% loss for every 1% decline beyond 5%
Initial level:	$169.43
Pricing date:	Nov. 26
Settlement date:	Nov. 29
Agent:	J.P. Morgan Securities LLC
Fees:	0.6%, including 0.25% for selling concessions
Cusip:	48126DJH3

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