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Published on 11/9/2015 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $12.09 million capped enhanced notes linked to S&P 500

By Devika Patel

Knoxville, Tenn., Nov. 9 – JPMorgan Chase & Co. priced $12.09 million of 0% capped enhanced participation notes due Dec. 6, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus three times the return, up to a maximum settlement amount of $1,235.50 per $1,000 principal amount of notes. If the index return is negative, investors will be fully exposed to the decline.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Capped enhanced participation notes
Underlying index:S&P 500
Amount:$12,085,000
Maturity:Dec. 6, 2017
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus three times return, up to maximum settlement amount of $1,235.50 per $1,000 principal amount of notes; if index return is negative, full exposure to decline
Initial index level:1,867.61
Pricing date:Nov. 5
Settlement date:Nov. 13
Agent:J.P. Morgan Securities LLC
Fees:2%
Cusip:48128GBJ8

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