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Published on 11/6/2012 in the Prospect News Structured Products Daily.

JPMorgan plans digital notes with 80% trigger linked to Wells Fargo

By Susanna Moon

Chicago, Nov. 6 - JPMorgan Chase & Co. plans to price 0% digital notes Nov. 27, 2013 linked to Wells Fargo & Co. shares, according to a 424B2 filing with the Securities and Exchange Commission.

If Wells Fargo stock finishes at or above the 80% trigger level, the payout at maturity will be par plus a fixed return of at least 10.65%.

Otherwise, investors will be fully exposed to any losses.

J.P. Morgan Securities LLC is the agent.

The notes will price on Nov. 9 and settle on Nov. 15.

The Cusip number is 48126DHB8.


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