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Published on 11/13/2014 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $470,000 contingent buffered equity notes on Euro Stoxx

By Marisa Wong

Madison, Wis., Nov. 13 – JPMorgan Chase & Co. prices $470,000 of 0% contingent buffered equity notes due May 11, 2016 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 any index gain.

Investors will receive par if the index falls by up to 18.45% and will be fully exposed to any losses if the index falls by more than the contingent buffer amount.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Contingent buffered equity notes
Underlying index:Euro Stoxx 50
Amount:$470,000
Maturity:May 11, 2016
Coupon:0%
Price:Par
Payout at maturity:If index finishes at or above the initial level, par plus index return; par for losses up to 18.45%; otherwise, full exposure to any losses
Initial level:3,064.92
Pricing date:Nov. 7
Settlement date:Nov. 13
Agent:J.P. Morgan Securities LLC
Fees:1.25%
Cusip:48127DU30

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