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Published on 4/15/2014 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $9.44 million contingent buffered equity notes on Euro Stoxx 50

By Marisa Wong

Madison, Wis., April 15 - JPMorgan Chase & Co. priced $9.44 million of 0% contingent buffered equity notes due Oct. 15, 2015 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 80% trigger level, the payout at maturity will be par plus the greater of any index gain and the contingent minimum return of 2%.

Otherwise, investors will be fully exposed to any losses.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Contingent buffered equity notes
Underlying index:Euro Stoxx 50
Amount:$9,435,000
Maturity:Oct. 15, 2015
Coupon:0%
Price:Par
Payout at maturity:If index falls by up to trigger level, par plus any index gain, floor of 2%; otherwise, full exposure to losses
Initial level:3,116.54
Trigger level:80% of initial level
Pricing date:April 11
Settlement date:April 16
Agent:J.P. Morgan Securities LLC
Fees:1.25%
Cusip:48127DEE4

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