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Published on 9/3/2014 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $9.31 million single review notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Sept. 3 – JPMorgan Chase & Co. priced $9.31 million of 0% single review notes due Sept. 16, 2015 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to 95% of the initial index level, the notes will be automatically called at par plus a premium of 9.8%.

If the notes are not called and the final index level is less than the initial index level by 10% or less, the payout will be par. If the index declines by more than 10%, investors will lose 1% for every 1% that the final index level is less than the initial level.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Single review notes
Underlying index:Euro Stoxx 50
Amount:$9,314,000
Maturity:Sept. 16, 2015
Coupon:0%
Price:Par
Payout at maturity:If final index level is greater than or equal to call level, notes will be automatically called at par plus 9.8%; if notes are not called and final index level is less than initial index level by 10% or less, par; if index declines by more than 10%, 1% loss for every 1% that final index level is less than initial level
Initial index level:3,172.63
Final index level: Average of index’s closing levels on five trading days ending Sept. 11, 2015
Call level:3,013.9985, 95% of initial level
Pricing date:Aug. 29
Settlement date:Sept. 4
Agent:J.P. Morgan Securities LLC
Fees:1%
Cusip:48127DYB8

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