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Published on 2/18/2016 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $950,000 digital dual directional contingent buffered notes on Stoxx

By Wendy Van Sickle

Columbus, Ohio, Feb. 18 – JPMorgan Chase & Co. priced $950,000 of 0% digital dual directional contingent buffered notes due March 1, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the 85% barrier level, the payout at maturity will be par plus the 12.65% contingent digital return.

If the index falls more than the 15% contingent buffer, investors will be fully exposed to the loss.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Digital dual directional contingent buffered notes
Underlying index:Euro Stoxx 50
Amount:$950,000
Maturity:March 1, 2017
Coupon:0%
Price:Par
Payout at maturity:If index gains or falls by up to 15%, par plus 12.65%; otherwise full exposure to the loss
Initial level:2,756.16
Contingent buffer:15%
Pricing date:Feb. 12
Settlement date:Feb. 18
Agent:J.P. Morgan Securities LLC
Fees:1%
Cusip:48128GNH9

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