Obligation JP Morgan 4.08% ( XS1281771755 ) en AUD

JP Morgan

100 % ▲

Etas-Unis

XS1281771755 ( en AUD )

4.08% par an ( paiement annuel )

23/10/2025

Prospectus brochure de l'obligation JP Morgan XS1281771755 en AUD 4.08%, échéance 23/10/2025

1 000 AUD

50 000 000 AUD

23/10/2024 ( Dans 157 jours )

L'Obligation émise par JP Morgan ( Etas-Unis ) , en AUD, avec le code ISIN XS1281771755, paye un coupon de 4.08% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 23/10/2025

Execution Version
PRICING SUPPLEMENT
Pricing Supplement dated 4 November 2015
JPMorgan Chase & Co.
Structured Products Programme for the issuance of Notes, Warrants and Certificates
AUD 30,000,000 Fixed Coupon Notes, due October 2025 (the "Securities" or the "Notes") (to be
consolidated and to form a single series with AUD 20,000,000 Fixed Coupon Notes, due October 2025,
issued on 23 October 2015 (the "Tranche One Securities"))
The offering circular dated 28 April 2015 and the Supplements to the offering circular listed in the Annex hereto
(as so supplemented, the "Offering Circular") (as completed and (if applicable) amended by this Pricing
Supplement) has been prepared on the basis that any offer of Securities in any Member State of the European
Economic Area which has implemented the Prospectus Directive (each, a "Relevant Member State") will be
made pursuant to an exemption under the Prospectus Directive, as implemented in that Relevant Member State,
from the requirement to publish a prospectus for offers of the Securities. The expression "Prospectus
Directive" means Directive 2003/71/EC (and amendments thereto, including by Directive 2010/73/EU), and
includes any relevant implementing measure in the Relevant Member State. Accordingly any person making or
intending to make an offer in that Relevant Member State of the Securities may only do so in circumstances in
which no obligation arises for the Issuer or any Dealer to publish a prospectus pursuant to Article 3 of the
Prospectus Directive or supplement a prospectus pursuant to Article 16 of the Prospectus Directive, in each
case, in relation to such offer. Neither the Issuer nor any Dealer has authorised, nor do they authorise, the
making of any offer of Securities in any other circumstances.
The Securities will not be offered, sold or otherwise distributed in or from Switzerland and neither this Pricing
Supplement nor any other document relating to the Securities may be distributed in or from Switzerland in
connection with any such offering or distribution, except to individually selected qualified investors within the
meaning of, and in accordance with, the Swiss Federal Act on Collective Investment Schemes.
If you purchase the Securities described in this Pricing Supplement after the date hereof, you should
review the most recent restatement (if any) of the Offering Circular and each supplement thereafter up to
(and including) the date of purchase to ensure that you have the most up to date information on the
Issuer on which to base your investment decision (note that the terms and conditions of the Securities will
remain as described in this Pricing Supplement and the version of the Offering Circular described in the
paragraph above, subject to any amendments notified to Holders). Each supplement and restatement (if
any) to the Offering Circular can be found on (www.bourse.lu) and (www.ise.ie).
RISK FACTORS
Purchase of these Securities involves substantial risks
Investors should ensure that they understand the nature of the risks posed by, and the extent of their exposure
under, the Securities. Investors should make all pertinent inquiries they deem necessary without relying on the
Issuer or the Dealer. Investors should consider the suitability of the Securities as an investment in light of their
own circumstances, investment objectives, tax position and financial condition. Investors should consider
carefully all the information set forth in this Pricing Supplement along with all the information set forth in the
Offering Circular. Investors should pay particular attention to the section entitled "Risk Factors" in the Offering
Circular (pages 25 to 72 inclusive).
- 1 -

Unregulated Securities: The Securities do not constitute a participation in a collective investment scheme
within the meaning of the Swiss Federal Act on Collective Investment Schemes and are not subject to
supervision by the Swiss Financial Market Supervisory Authority FINMA
None of the Securities constitutes a participation in a collective investment scheme within the meaning of the
Swiss Federal Act on Collective Investment Schemes and none of the Securities is subject to approval,
registration or supervision by the Swiss Financial Market Supervisory Authority FINMA or any other regulatory
authority in Switzerland. Accordingly, investors do not have the benefit of the specific investor protection
provided under the Swiss Federal Act on Collective Investment Schemes and are exposed to the credit risk of
the Issuer.
PART A CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the General Conditions and the
Specific Product Provisions (as may be amended and/or supplemented up to, and including, Issue Date (as
defined in paragraph 7)) set forth in the Offering Circular. Full information on the Issuer and the offer of the
Securities is only available on the basis of the combination of this Pricing Supplement and the Offering Circular
(including all documents incorporated by reference). The Offering Circular (including all documents
incorporated by reference) is available from The Bank of New York Mellon (Luxembourg) S.A., at Vertigo
Building, Polaris, 2-4 rue Eugène Ruppert, L-2453, Luxembourg and The Bank of New York Mellon SA/NV, at
Dublin Branch, Hanover Building, 4th Floor, Windmill Lane, Dublin 2, Ireland, and in electronic form on the
Luxembourg Stock Exchange's website (www.bourse.lu).
1.
Issuer:
JPMorgan Chase & Co.
2.
(i)
Series Number:
2014-24980
(ii)
Tranche Number:
Two
The Securities shall be consolidated to form a single
series with the Tranche One Securities but shall not be
fungible with the Tranche One Securities until such time
as the Clearing System recognises the Securities to be
fungible with the Tranche One Securities.
3.
Specified Currency or Currencies:
Australian Dollar ("AUD")
4.
Notes, Warrants or Certificates:
Notes
5.
Aggregate Nominal Amount:
(i)
Series:
AUD 50,000,000
(ii)
Tranche:
AUD 30,000,000
6.
Issue Price:
100.40 per cent. of the Aggregate Nominal Amount, plus
accrued interest from (and including) the Interest
Commencement Date (as set forth in paragraph 9 below)
The Issue Price specified above may be more than the
market value of the Securities as at the Issue Date, and
the price, if any, at which the Dealer or any other person
is willing to purchase the Securities in secondary market
transactions is likely to be lower than the Issue Price. In
- 2 -

particular, where permitted by applicable law, the Issue
Price may take into account amounts with respect to
commissions relating to the issue and sale of the
Securities as well as amounts relating to the hedging of
the Issuer's obligations under the Securities and
secondary market prices may exclude such amounts
If any commissions or fees relating to the issue and sale
of the Securities have been paid or are payable by the
Dealer to an intermediary, then such intermediary may
be obliged to fully disclose to its clients the existence,
nature and amount of any such commissions or fees
(including, if applicable, by way of discount) as required
in accordance with laws and regulations applicable to
such intermediary, including any legislation, regulation
and/or rule implementing the Markets in Financial
Instruments Directive (Directive 2004/39/EC), or as
otherwise may apply in any non-EEA jurisdictions
Investors in the Securities intending to invest in
Securities through an intermediary (including by way of
introducing broker) should request details of any such
commission or fee payment from such intermediary
before making any purchase hereof
(i)
Specified Denomination:
AUD 1,000
(ii)
Trading in Units (Notes):
Not Applicable
(iii)
Minimum trading size:
The Notes may only be traded in a minimum initial
amount of one Note (corresponding to a nominal amount
of AUD 1,000) and, thereafter, in multiples of one Note
(corresponding to a nominal amount of AUD 1,000)
7.
Issue Date:
6 November 2015
8.
Maturity Date:
23 October 2025, subject to adjustment in accordance
with the Following Business Day Convention
PROVISIONS APPLICABLE TO NOTES
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
9.
Interest Commencement Date:
23 October 2015
10.
Fixed Rate Note Provisions:
Applicable
(i)
Rate(s) of Interest:
4.08 per cent. per annum in arrears (being equal to AUD
20.40 per Specified Denomination, unadjusted).
(ii)
Interest Payment Date(s):
23 April and 23 October in each year, from (and
including) 23 April 2016 to (and including) the
Maturity Date, subject to adjustment in accordance with
the Following Business Day Convention.
- 3 -

(iii)
Fixed Coupon Amount(s):
As set forth in paragraph 10 (i) above

(iv)
Broken Amount(s):
Not Applicable

(v)
Day
Count
Fraction
(General
30/360

Condition 4.1):

(vi)
Interest Determination Date(s):
Not Applicable

(vii) Other terms relating to the method of
Not Applicable

calculating interest for Fixed Rate

Notes:
11.
Floating Rate Note Provisions:
Not Applicable
12.
Zero Coupon Note Provisions:
Not Applicable
13.
Variable Linked Interest Provisions:
Not Applicable
14.
Dual Currency Note Provisions:
Not Applicable
PROVISIONS RELATING TO REDEMPTION OF NOTES
15.
Call Option:
Not Applicable
16.
Put Option:
Not Applicable
17.
Final Redemption Amount:
AUD 1,000 per Note of the Specified Denomination
18.
Early Payment Amount:

Early Payment Amount(s) payable on an In respect of each Security (of the Specified
event of default (General Condition 15), Denomination) and for the purposes of General
termination
for
illegality
(General Condition 15.2 (Consequences of an Event of Default)
Condition 16) or redemption for taxation only, an amount in the Specified Currency equal to the
reasons (General Condition 18), and/or the Specified Denomination together with any interest
method of calculating the same (if required accrued to (but excluding) the date of redemption of the
or if different from that set out in the Security
General Conditions):

19.
Credit Linked Note Provisions:
Not Applicable
20.
Details relating to Instalment Notes:
Not Applicable
21.
Details relating to Partly Paid Notes: Not Applicable
amount of each payment comprising the
Issue Price and date on which each
payment
is
to
be
made
and
consequences (if any) of failure to pay,
including any right of the Issuer to
forfeit the Notes and interest due on late
payment:
PROVISIONS APPLICABLE TO WARRANTS
- 4 -

Paragraphs 22-33 are intentionally deleted
PROVISIONS APPLICABLE TO CERTIFICATES
Paragraphs 34-40 are intentionally deleted
SPECIFIC PRODUCT PROVISIONS APPLICABLE TO THE SECURITIES
SHARE LINKED PROVISIONS
41.
Share Linked Provisions:
Not Applicable
INDEX LINKED PROVISIONS
42.
Index Linked Provisions:
Not Applicable
COMMODITY LINKED PROVISIONS
43.
Commodity Linked Provisions:
Not Applicable
FX LINKED PROVISIONS
44.
FX Linked Provisions:
Not Applicable
MARKET ACCESS PARTICIPATION PROVISIONS
45.
Market Access Participation Provisions:
Not Applicable
LOW EXERCISE PRICE WARRANT PROVISIONS
46.
Low Exercise Price Warrant Provisions:
Not Applicable
GENERAL PROVISIONS APPLICABLE TO THE SECURITIES
47.
New Global Note:
Not Applicable
48.
Form of Securities:
Registered Securities

(i)
Temporary or Permanent Bearer Temporary Registered Global Security which is
Global Security / Registered Global exchangeable for a Permanent Registered Global
Security:
Security, each of which is exchangeable for Registered
Definitive Securities (i) automatically in the limited
circumstances specified in the relevant Registered
Global Security or (ii) in the case of a Permanent
Registered Global Security only, at any time at the
option of the Issuer by giving notice to the Holders and
the Registrar of its intention to effect such exchange on
the terms as set forth in the relevant Permanent
Registered Global Security

(ii)
Are the Notes to be issued in the No
form of obligations under French
law?

(iii)
Name
of
French
Registration Not Applicable
- 5 -

Agent:

(iv)
Representation of Holders of Notes Not Applicable
/ Masse:

(v)
Regulation S/Rule 144A Securities:
Not Applicable
49.
Record Date:
As set out in the General Conditions
50.
Additional Financial Centre(s) (General London and New York City (and, for the avoidance of
Condition
12.2)
or
other
special doubt, Sydney)
provisions relating to payment dates:
51.
Payment Disruption Event (General
Condition 13):

Relevant Currency:
AUD
52.
Extraordinary Hedge Disruption Event Applicable
(General Condition 17):

(i)
Extraordinary Hedge Sanctions
Applicable
Event:

(ii)
Extraordinary Hedge Bail-in Event:
Applicable

(iii)
Extraordinary Hedge Currency
Applicable
Disruption Event:
53.
Early
Redemption
for
Tax
on Not Applicable
Underlying
Hedge
Transactions
(General Condition 18.4):
54.
Physical Settlement:
Not Applicable
55.
Calculation Agent:
J.P. Morgan Securities plc
56.
Redenomination, renominalisation and Not Applicable
reconventioning provisions:
57.
Gross Up (General Condition 18):
Not Applicable
58.
Rounding:
General Condition 22 applies
59.
Other terms or special conditions:
Not Applicable
DISTRIBUTION
60.
If non-syndicated, name and address of J.P. Morgan Securities plc of 25 Bank Street, Canary
Dealer:
Wharf, London E14 5JP
61.
Stabilising Manager(s) (if any):
Not Applicable
62.
Total commission and concession:
Not Applicable
- 6 -

63.
U.S. selling restrictions:
Regulation S

ERISA Restrictions for all Securities (including Rule
144A Securities and Securities subject to Regulation
S)

The Securities may not be acquired except subject to
certain restrictions by, on behalf of, or with the assets of
any plans subject to ERISA or Section 4975 of the U.S.
Internal Revenue Code, as amended, subject to certain
restrictions. See "Subscription and Sale United States"
and "Purchaser representations and requirements and
transfer restrictions ERISA Legends and ERISA
Restrictions (a) JPMorgan Chase Bank, N.A. or
JPMorgan Chase & Co. issued Securities" in the
Offering Circular
64.
Additional Selling Restrictions:
Not Applicable
65.
Swiss Distribution:
No
GENERAL
66.
The aggregate principal amount of Notes U.S.$ 21,328,025.02 (rounded to the nearest two
issued has been translated into U.S. dollars decimal places, with 0.005 rounded upwards)
at the rate of AUD 1.4066 = U.S.$ 1.00,
producing a sum of (for Notes not
denominated in U.S. dollars):

- 7 -

PURPOSE OF PRICING SUPPLEMENT
This Pricing Supplement comprises the pricing supplement required for the issue, and listing and admission to
trading on the Luxembourg Stock Exchange's Euro MTF, of the Securities described herein pursuant to the
Structured Products Programme for the issuance of Notes, Warrants and Certificates of J.P. Morgan Structured
Products B.V., JPMorgan Chase Bank, N.A. and JPMorgan Chase & Co.
GOVERNING LAW AND JURISDICTION
Securities:
State of New York / Courts located in the Borough of
Manhattan in the State of New York
RESPONSIBILITY
The Issuer accepts responsibility for the information contained in this Pricing Supplement.
An investor intending to acquire or acquiring any Securities from an offeror will do so, and offers and sales of
the Securities to an investor by an offeror will be made, in accordance with any terms and other arrangements in
place between such offeror and such investor including as to price, allocations and settlement arrangements. The
Issuer will not be a party to any such arrangements with investors (other than the Dealer(s)), in connection with
the offer or sale of the Securities and, accordingly, this Pricing Supplement will not contain such information.
The investor must look to the offeror at the time of such offer for the provision of such information. The Issuer
has no responsibility to an investor in respect of such information.
Signed on behalf of the Issuer:

By: ________________________
Duly authorised

Marketer: Hiroto Uchida
YA/2014-24980

- 8 -

PART B OTHER INFORMATION
LISTING AND ADMISSION TO TRADING
Application will be made for the Securities to be listed on the Official List and admitted to trading on the
Luxembourg Stock Exchange's Euro MTF with effect from, at the earliest, the Issue Date. No assurances can be
given that such application for listing and admission to trading will be granted (or, if granted, will be granted by
the Issue Date).
The Issuer has no duty to maintain the listing (if any) of the Securities on the relevant stock exchange over their
entire lifetime. The Securities may be suspended from trading and/or de-listed at any time in accordance with
applicable rules and regulations of the relevant stock exchange.
RATINGS
Not Applicable
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
Save as discussed in the section of the Offering Circular entitled "Subscription and Sale", so far as the Issuer is
aware, no person involved in the issue of the Securities has an interest material to the issue.
REASONS FOR THE ISSUE, ESTIMATED NET PROCEEDS AND TOTAL EXPENSES
(i)
Reasons for the issue:
Not Applicable
(ii)
Estimated net proceeds:
Not Applicable
(iii)
Estimated total expenses:
Not Applicable
POST-ISSUANCE INFORMATION
The Issuer will not provide any post-issuance information unless required to do so by applicable law or
regulation.
OPERATIONAL INFORMATION

Intended to be held in a manner which would allow No
Eurosystem eligibility:
ISIN:
XS1281771755
Common Code:
128177175
Relevant Clearing System(s) and the relevant Euroclear/Clearstream, Luxembourg
identification number(s):
Delivery:
Delivery against payment
The Agents appointed in respect of the Securities are:
As set out in the Programme Agency Agreement
Registrar:
The Bank of New York Mellon (Luxembourg) S.A.

- 9 -

ANNEX
The Offering Circular dated 28 April 2015 has been supplemented by the following Supplement(s):
Supplement(s)
Description
Date
Supplement No. 1
In respect of (i) the Quarterly Report on Form 10-Q of 29 May 2015
JPMorgan Chase & Co. for the quarter ended 31 March
2015, (ii) the Current Report on Form 8-K of JPMorgan
Chase & Co. dated 20 May 2015, (iii) amendments to
the "Selected financial information" of JPMorgan Chase
& Co., (iv) amendments to the section entitled "No
material adverse change in prospects or significant
change in financial or trading position" of JPMorgan
Chase & Co., (v) amendments to the section entitled
"Legal and arbitration proceedings" of JPMorgan Chase
& Co. and JPMorgan Chase Bank, N.A. and (vi)
amendments to the "Important notice in relation to
Securities offered in the Kingdom of Bahrain".
Supplement No. 2
Amendments to the "Important Notices", "Summary of 8 July 2015
the Programme", "Commonly Asked Questions",
"General Conditions", "Form of Pricing Supplement",
"Subscription and Sale", "Purchaser Representations and
Requirements and Transfer Restrictions" and "General
Information" sections to introduce the capability for
J.P.Morgan Structured Products B.V. to issue Regulation
S/Rule 144A Notes and Certificates.
Supplement No. 3
In respect of the Current Report on Form 8-K of 27 July 2015
JPMorgan Chase & Co. dated 14 July 2015, containing
the earnings press release of JPMorgan Chase & Co. for
the quarter ended 30 June 2015.
Supplement No. 4
In respect of (i) the Quarterly Report on Form 10-Q of 27 August 2015
JPMorgan Chase & Co. for the quarter ended 30 June
2015, (ii) the unaudited interim financial statements of
JPMorgan Chase Bank, N.A. for the six months ended
30 June 2015, (iii) the unaudited interim financial
statements of J.P. Morgan Structured Products B.V. for
the six months ended 30 June 2015, (iv) amendments to
"Selected financial information" of JPMorgan Chase &
Co., JPMorgan Chase Bank, N.A. and J.P. Morgan
Structured Products B.V. and (v) amendments to the
sections
entitled
"General
Information"
and
"Subscription and Sale" in the Offering Circular.
Supplement No. 5
In respect of the option for certain Securities to be 22 September 2015
represented on issue by a permanent global security if so
elected in the relevant Pricing Supplement.
- 10 -