By Susanna Moon
Chicago, May 8 - JPMorgan Chase & Co. priced $4.84 million of 0% capped buffered enhanced participation equity notes due May 11, 2016 linked to the Euro Stoxx 50 index, converted into dollars, according to a 424B2 filing with the Securities and Exchange.
The payout at maturity will be par plus 1.5 times any gain in the index, up to a maximum return of 25.5%.
Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.
J.P. Morgan Securities LLC is the agent.
Issuer: | JPMorgan Chase & Co.
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Issue: | Capped buffered enhanced participation equity notes
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Underlying index: | Euro Stoxx 50
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Amount: | $4.84 million
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Maturity: | May 11, 2016
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 150% of any gain in the index, capped at 25.5%; par if index declines by up to 10%; 1.1111% loss per 1% drop beyond 10%
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Initial level: | 4,388.602407
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Pricing date: | May 6
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Settlement date: | May 13
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Agent: | J.P. Morgan Securities LLC
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Fees: | 1.75%
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Cusip: | 48127DGG7
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