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Published on 8/21/2015 in the Prospect News Structured Products Daily.

JPMorgan plans contingent buffered notes on Euro Stoxx ex Financials

By Marisa Wong

Morgantown, W.Va., Aug. 17 – JPMorgan Chase & Co. plans to price 0% autocallable contingent buffered return enhanced notes due Aug. 30, 2018 linked to the Euro Stoxx 50 ex Financials index, according to an FWP filing with the Securities and Exchange Commission.

The notes will be called at par plus 10% if the index closes at or above the call value, 110% of the initial level, on Feb. 27, 2017.

If the notes have not been called, the payout at maturity will be par plus at least 2 times any index gain. If the index falls by up to 25%, the payout will be par. If the index falls by more than 25%, the payout will be par plus the index return.

J.P. Morgan Securities LLC is the agent.

The notes will price on Aug. 27 and settle on Aug. 31.

The Cusip number is 48125UP63.


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