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Published on 8/1/2014 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $2.13 million autocallables linked to Euro Stoxx 50, iShares MSCI EAFE

By Angela McDaniels

Tacoma, Wash., Aug. 1 – JPMorgan Chase & Co. priced $2.13 million of 0% autocallable notes due Aug. 3, 2017 linked to the Euro Stoxx 50 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be automatically called at par plus 12% per year if each underlier closes at or above its initial level on Aug. 6, 2015, July 29, 2016 or July 31, 2017.

The payout at maturity will be par unless either underlier finishes below its barrier level, 75% of its initial level, in which case investors will lose 1% for every 1% that the final level of the lesser performing underlier is less than its initial level.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Autocallable notes
Underliers:Euro Stoxx 50 index and the iShares MSCI EAFE ETF
Amount:$2,127,000
Maturity:Aug. 3, 2017
Coupon:0%
Price:Par
Payout at maturity:Par unless either underlier finishes below barrier level, in which case 1% loss for every 1% that final level of lesser performing underlier is less than initial level
Call:Automatically at par plus 12% per year if each underlier closes at or above initial level on Aug. 6, 2015, July 29, 2016 or July 31, 2017
Initial levels:3,169.23 for index and $67.72 for ETF
Pricing date:July 30
Settlement date:Aug. 4
Agent:J.P. Morgan Securities LLC
Fees:2.25%
Cusip:48127DUX4

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