By Marisa Wong
Madison, Wis., Feb. 29 - JPMorgan Chase & Co. priced $226,000 of 0% notes due Feb. 28, 2018 linked to a basket of three indexes and one fund, according to a 424B2 filing with the Securities and Exchange Commission.
The equally weighted basket components are the S&P 500 index, the Dow Jones industrial average, the Dow Jones - UBS Commodity index and the iShares MSCI EAFE index fund.
The payout at maturity will be par plus 100% of the basket return, subject to a minimum payout of $1,025 per $1,000 principal amount of notes.
The final basket level will be the average of its closing levels on Feb. 25, 2013, Feb. 25, 2014, Feb. 24, 2015, Feb. 24, 2016, Feb. 23, 2017 and Feb. 23, 2018.
The notes (Cusip: 48125VMC1) are expected to price Feb. 24 and settle Feb. 29.
J.P. Morgan Securities LLC is the agent.
Issuer: | JPMorgan Chase & Co.
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Issue: | Notes
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Underlying components: | S&P 500 index, Dow Jones industrial average, Dow Jones - UBS Commodity index and iShares MSCI EAFE index fund
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Amount: | $226,000
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Maturity: | Feb. 28, 2018
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus basket return, subject to a floor of $1,025 per $1,000 of notes
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Pricing date: | Feb. 24
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Settlement date: | Feb. 29
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Agent: | J.P. Morgan Securities LLC
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Fees: | 5.8%, 3.8% for selling concessions
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Cusip: | 48125VMC1
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