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Published on 7/1/2015 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $2.52 million buffered return optimization notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., July 1 – JPMorgan Chase & Co. priced $2.52 million of 0% buffered return optimization securities due June 30, 2017 to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 1.5 times any index gain, up to a maximum return of 21.75%. Investors will receive par if the index falls by up to 10% and will be exposed to any losses in excess of 10%.

UBS Financial Services Inc. and J.P. Morgan Securities LLC are the agents.

Issuer:JPMorgan Chase & Co.
Issue:Buffered return optimization securities
Underlying index:Euro Stoxx 50 index
Amount:$2,520,550
Maturity:June 30, 2017
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 1.5 times any index gain, up to a maximum return of 21.75%; par if index falls by up to 10%; 1% loss for every 1% that index declines beyond 10%
Initial level:3,621.37
Pricing date:June 26
Settlement date:June 30
Agents:UBS Financial Services Inc. and J.P. Morgan Securities LLC
Fees:2%
Cusip:48127X492

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