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Published on 7/23/2013 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $19.93 million contingent buffer enhanced notes on MSCI EAFE

By Susanna Moon

Chicago, July 23 - JPMorgan Chase & Co. priced $19.93 million of 0% capped contingent buffered return enhanced notes due Aug. 6, 2014 linked to MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any gain in the index, up to a maximum return of 16.7%.

Investors will receive par if the index falls by up to 10% and will be fully exposed to any losses if the index finishes below the 90% trigger level.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Capped contingent buffered return enhanced notes
Underlying index:MSCI EAFE
Amount:$19,929,000
Maturity:Aug. 6, 2014
Coupon:0%
Price:Par
Payout at maturity:Par plus 200% of any index gain, capped at 16.7%; par if index falls by up to 10% and full exposure to any losses if index drops below trigger level
Initial level:1,733.47
Trigger level:90% of initial level
Pricing date:July 19
Settlement date:July 24
Agent:J.P. Morgan Securities LLC
Fees:1%
Cusip:48126NKA4

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