New Issue: JPMorgan sells $147,000 more dual directional contingent buffered notes linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., Oct. 8 – JPMorgan Chase & Co. priced $147,000 principal amount of additional 0% capped dual directional contingent buffered return enhanced notes due June 7, 2018 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The initial $2.4 million principal amount of notes priced June 3. The issue size is now $2.55 million.

If the final index level is greater than the initial index level, the payout at maturity will be par plus 1.365 times the index return, subject to a maximum return of 52%. If the index declines by up to 20%, the payout will be par plus 50% of the absolute value of the index return. If the index declines by more than 20%, investors will be fully exposed to the decline.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Capped dual directional contingent buffered return enhanced notes
Underlying index:	Russell 2000
Amount:	$2,547,000, increased from $2.4 million
Maturity:	June 7, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains, par plus 1.365 times return, capped at 52%; if index falls by up to 20%, par plus 50% of absolute value of index return; otherwise, full exposure to index’s decline
Initial level:	1,264.582
Pricing date:	June 3 for original $2.4 million; Oct. 6 for additional $147,000
Settlement date:	June 8 for original issue; Oct. 9 for add-on
Agent:	J.P. Morgan Securities LLC
Fees:	0.4% for original issue; none for add-on
Cusip:	48125UWQ1

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