By Jennifer Chiou
New York, Oct. 29 - JPMorgan Chase & Co. priced $731,000 of 0% capped buffered equity notes due April 29, 2014 linked to the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any exchange-traded fund gain, up to a maximum return of 14.8%.
Investors will receive par if the fund falls by up to 15% and will lose 1% for every 1% decline beyond 15%.
J.P. Morgan Securities LLC is the underwriter.
| Issuer: | JPMorgan Chase & Co.
|
| Issue: | Capped buffered equity notes
|
| Underlying ETF: iShares MSCI Emerging Markets index fund
|
| Amount: | $731,000
|
| Maturity: | April 29, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any fund gain, capped at 14.8%; par if fund falls by up to 15%; 1% loss for every 1% decline beyond 15%
|
| Initial level: | $41.08
|
| Pricing date: | Oct. 24
|
| Settlement date: | Oct. 29
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 1.5%
|
| Cusip: | 48126DDN6
|
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