New Issue: JPMorgan prices $1.81 million capped buffered return enhanced notes on iShares MSCI EM

By Jennifer Chiou

New York, May 30 - JPMorgan Chase & Co. priced $1,807,000 of 0% capped buffered return enhanced notes due May 31, 2016 linked to the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange.

The payout at maturity will be par plus double any gain in the fund, up to a maximum return of 20%.

Investors will receive par for losses up to 10% and will be exposed to any losses beyond the buffer.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Capped buffered return enhanced notes
Underlying fund: iShares MSCI Emerging Markets ETF
Amount:	$1,807,000
Maturity:	May 31, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any gain in the fund, capped at 20%; par for losses up to 10%; exposure to any losses beyond buffer
Initial level:	$42.77
Pricing date:	May 27
Settlement date:	May 30
Agent:	J.P. Morgan Securities LLC
Fees:	0.23396%
Cusip:	48127DGK8

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