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Published on 10/30/2014 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $456,000 capped buffered return enhanced notes on Euro Stoxx 50

By Jennifer Chiou

New York, Oct. 30 – JPMorgan Chase & Co. priced $456,000 of 0% capped buffered return enhanced notes due Oct. 31, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange.

The payout at maturity will be par plus two times any gain in the index, up to a maximum return of 21%.

Investors will receive par for declines up to 10% and will lose 1% for every 1% decline beyond 10%.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Capped buffered return enhanced notes
Underlying index:Euro Stoxx 50
Amount:$456,000
Maturity:Oct. 31, 2016
Coupon:0%
Price:Par
Payout at maturity:Par plus 200% of any gain in the index, capped at 21%; par for losses up to 10%; 1% loss for every 1% drop beyond 10%
Initial level:3,036.15
Pricing date:Oct. 28
Settlement date:Oct. 31
Agent:J.P. Morgan Securities LLC
Fees:0.0844%
Cusip:48127DG69

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