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Published on 12/23/2015 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $2.04 million contingent buffered notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Dec. 23 – JPMorgan Chase & Co. priced $2.04 million of 0% contingent buffered equity notes due June 28, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par plus the index return. If the index falls by up to 23.75%, the payout will be par. Otherwise, investors will be fully exposed to the index’s decline.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Contingent buffered equity notes
Underlying index:Euro Stoxx 50
Amount:$2,035,000
Maturity:June 28, 2017
Coupon:0%
Price:Par
Payout at maturity:If final index level is greater than initial index level, par plus index return; if index falls by up to 23.75%, par; otherwise, full exposure to index’s decline
Initial index level:3,260.72
Final index level:Average of index’s closing levels on five trading days ending June 23, 2017
Pricing date:Dec. 18
Settlement date:Dec. 23
Agent:J.P. Morgan Securities LLC
Fees:1.25%
Cusip:48128GGE4

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