New Issue: JPMorgan prices $920,000 one-year digital notes with 80% trigger linked to Wells Fargo

By Toni Weeks

San Diego, Nov. 14 - JPMorgan Chase & Co. priced $920,000 of 0% digital notes Nov. 27, 2013 linked to Wells Fargo & Co. shares, according to a 424B2 filing with the Securities and Exchange Commission.

If Wells Fargo stock finishes at or above the 80% trigger level, the payout at maturity will be par plus a fixed return of 10.65%.

Otherwise, investors will be fully exposed to any losses.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Digital notes
Underlying stock:	Wells Fargo & Co. (NYSE: WFC)
Amount:	$920,000
Maturity:	Nov. 27, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	If final share price is at least 80% of initial price, par plus 10.65%; otherwise, full exposure to decline
Initial share price:	$32.35
Pricing date:	Nov. 9
Settlement date:	Nov. 15
Agent:	J.P. Morgan Securities LLC
Fees:	1%
Cusip:	48126DHB8

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