New Issue: JPMorgan prices $1.54 million notes due 2018 linked to 15 stocks

By Marisa Wong

Madison, Wis., July 3 - JPMorgan Chase & Co. priced $1.54 million of 0% notes due Jan. 4, 2018 linked to a basket of 15 common stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The equally weighted basket includes Altria Group, Inc., Coca-Cola Co., GlaxoSmithKline plc, International Business Machines Corp., Johnson & Johnson, Kraft Foods Inc., McDonald's Corp., Merck & Co., Inc., Novartis AG, Proctor & Gamble Co., Roche Holding Ltd., Royal Dutch Shell plc, Total SA, Unilever NV and Vodafone Group plc.

The payout at maturity will be par plus 102% times the basket return, subject to a minimum payout of par.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Notes
Underlying stocks:	Altria Group, Inc., Coca-Cola Co., GlaxoSmithKline plc, International Business Machines Corp., Johnson & Johnson, Kraft Foods Inc., McDonald's Corp., Merck & Co., Inc., Novartis AG, Proctor & Gamble Co., Roche Holding Ltd., Royal Dutch Shell plc, Total SA, Unilever NV and Vodafone Group plc, equally weighted
Amount:	$1,539,000
Maturity:	Jan. 4, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 102% of basket return, subject to minimum payout of par
Pricing date:	June 29
Settlement date:	July 5
Agent:	J.P. Morgan Securities LLC
Fees:	3%
Cusip:	48125VL24

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