New Issue: JPMorgan prices $320,000 principal protected notes on WTI crude oil

By Marisa Wong

Madison, Wis., Aug. 2 - JPMorgan Chase & Co. priced $320,000 of 0% notes due Aug. 6, 2018 linked to West Texas Intermediate light sweet crude oil, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 155% of the return of the first nearby month futures contract for WTI light sweet crude oil traded on the New York Mercantile Exchange, subject to a minimum payout of par.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Notes
Underlying asset:	West Texas Intermediate light sweet crude oil
Amount:	$320,000
Maturity:	Aug. 6, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 155% of return of first nearby month futures contract for WTI crude oil traded on the New York Mercantile Exchange, subject to a minimum payout of par
Initial price:	$105.03
Pricing date:	July 31
Settlement date:	Aug. 5
Agent:	J.P. Morgan Securities LLC
Fees:	3%
Cusip:	48126D5Y1

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