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Published on 11/19/2015 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $4.23 million jump notes linked to Stoxx Europe 600

By Marisa Wong

Morgantown, W.Va., Nov. 19 – JPMorgan Chase & Co. priced $4.23 million of 0% jump securities due Nov. 16, 2017 linked to the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the initial level, the payout at maturity will be par plus 24%. If the index finishes below the initial level, investors will be fully exposed to the decline.

J.P. Morgan Securities LLC is the agent with Morgan Stanley Smith Barney LLC handling distribution.

Issuer:JPMorgan Chase & Co.
Issue:Jump securities
Underlying index:Stoxx Europe 600 index
Amount:$4,231,600
Maturity:Nov. 16, 2017
Coupon:0%
Price:Par of $10
Payout at maturity:If index finishes at or above initial level, par plus 24%; if index finishes below initial level, full exposure to decline
Initial index level:369.53
Pricing date:Nov. 13
Settlement date:Nov. 18
Agent:J.P. Morgan Securities LLC with Morgan Stanley Smith Barney LLC handling distribution
Fees:2.5%
Cusip:48127Y334

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