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Published on 7/18/2014 in the Prospect News Structured Products Daily.

JPMorgan plans capped buffered equity notes linked to S&P 500

By Susanna Moon

Chicago, July 18 – JPMorgan Chase & Co. plans to price 0% capped buffered equity notes due Feb. 1, 2018 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange.

The payout at maturity will be par plus any gain in the index, up to a maximum return of 28% to 32%.

Investors will receive par if the index falls by up to 20% and will be lose 1% for each 1% beyond the 20%.

J.P. Morgan Securities LLC is the agent.

The notes will price on July 28 and settle on July 31.

The Cusip number is 48127DTP3.


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