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Published on 1/10/2014 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $3.05 million return enhanced notes linked to Euro Stoxx

By Angela McDaniels

Tacoma, Wash., Jan. 10 - JPMorgan Chase & Co. priced $3.05 million of 0% capped return enhanced notes due May 13, 2015 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 200% of any gain in the index, up to a maximum return of 25.4%. Investors will be exposed to any decline in the index.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Capped return enhanced notes
Underlying index:Euro Stoxx 50
Amount:$3.05 million
Maturity:May 13, 2015
Coupon:0%
Price:Par
Payout at maturity:Par plus 200% of any gain in index, capped at 25.4%; exposure to any losses
Initial index level:3,110.66
Final index level: Average of index's closing levels on the five trading days ending May 8, 2015
Pricing date:Jan. 8
Settlement date:Jan. 13
Agent:J.P. Morgan Securities LLC
Fees:1.15%
Cusip:48126NV20

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