New Issue: JPMorgan prices $5.71 million enhanced trigger jump notes linked to American Airlines

By Angela McDaniels

Tacoma, Wash., May 20 - JPMorgan Chase & Co. priced $5.71 million of 0% enhanced trigger jump securities due June 19, 2015 linked to the common stock of American Airlines Group Inc., according to an FWP filing with the Securities and Exchange Commission.

If the final share price is greater than or equal to the downside threshold, 71.5% of the initial share price, the payout at maturity will be par plus 10%. If the final share price is less than the downside threshold, the payout will be a number of American Airline shares equal to par divided by the initial share price or, at the issuer's option, a cash amount equal to the value of those shares.

J.P. Morgan Securities LLC is the agent. Distribution is through Morgan Stanley Smith Barney LLC.

Issuer:	JPMorgan Chase & Co.
Issue:	Enhanced trigger jump securities
Underlying stock:	American Airlines Group Inc. (Nasdaq: AAL)
Amount:	$5.71 million
Maturity:	June 19, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	If final share price is greater than or equal to downside threshold, par plus 10%; otherwise, 25.95717 American Airline shares or, at issuer's option, amount in cash equal to value of those shares
Initial share price:	$38.525
Downside threshold:	$27.54538, 71.5% of initial share price
Pricing date:	May 16
Settlement date:	May 21
Agent:	J.P. Morgan Securities LLC
Distribution:	Morgan Stanley Smith Barney LLC
Fees:	2%
Cusip:	48127DJE9

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