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Published on 8/2/2013 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $10.25 million capped enhanced participation notes tied to MSCI EAFE

By Toni Weeks

San Luis Obispo, Calif., Aug. 2 - JPMorgan Chase & Co. priced $10.25 million of 0% capped enhanced participation equity notes due Aug. 5, 2015 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 300% of the index return, subject to a maximum settlement amount of $1,294 per $1,000 principal amount.

Investors will be fully exposed to any losses.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Capped enhanced participation equity notes
Underlying index:MSCI EAFE
Amount:$10,247,000
Maturity:Aug. 5, 2015
Coupon:0%
Price:Par
Payout at maturity:Par plus 300% of any index gain, capped at 29.4%; exposure to any losses
Initial index level:1,724.75
Pricing date:July 31
Settlement date:Aug. 7
Agent:J.P. Morgan Securities LLC
Fees:2%
Cusip:48126NLJ4

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