By Toni Weeks
San Diego, Nov. 30 - JPMorgan Chase & Co. priced $5.39 million of 0% Performance Leveraged Upside Securities due May 31, 2013 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 200% of any gain in the index, subject to a maximum return of 7.75%.
Investors will be fully exposed to losses if the index declines.
J.P. Morgan Securities LLC is the agent with Morgan Stanley Smith Barney LLC as dealer.
| Issuer: | JPMorgan Chase & Co.
|
| Issue: | Performance Leveraged Upside Securities
|
| Underlying index: | S&P 500
|
| Amount: | $5.39 million
|
| Maturity: | May 31, 2013
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 200% of any index gain, capped at 7.75%; full exposure to any losses
|
| Initial level: | 1,409.93
|
| Pricing date: | Nov. 28
|
| Settlement date: | Dec. 3
|
| Agent: | J.P. Morgan Securities LLC with Morgan Stanley Smith Barney LLC as dealer
|
| Fees: | 1.5%
|
| Cusip: | 46637G181
|
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