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Published on 8/28/2015 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $1.36 million capped contingent buffered notes on S&P 500

New York, Aug. 28 – JPMorgan Chase & Co. priced $1.36 million of 0% capped contingent buffered equity notes due Sept. 14, 2016 linked to the S&P 500 index, according to a 424B2 with the Securities and Exchange Commission.

If the index finishes above its initial level, the payout at maturity will be par plus any index gain, up to a maximum return of 13.6%.

If the index falls by up to 15%, the payout will be par.

Otherwise, the payout will be par plus the return, with full exposure to any losses.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Capped contingent buffered equity notes
Underlying index:S&P 500
Amount:$1,361,000
Maturity:Sept. 14, 2016
Coupon:0%
Price:Par
Payout at maturity:If index gains, par plus any return, capped at 13.6%; if index falls by up to 15%, par; otherwise full exposure to any losses
Initial level:1,940.51
Contingent buffer:15%
Pricing date:Aug. 26
Settlement date:Aug. 31
Agent:J.P. Morgan Securities LLC
Fees:1%
Cusip:48125UR61

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