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Published on 11/19/2015 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1 million capped return enhanced notes on Euro Stoxx

By Marisa Wong

Morgantown, W.Va., Nov. 19 – JPMorgan Chase & Co. priced $1 million of 0% capped return enhanced notes due Nov. 30, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange.

The payout at maturity will be par plus double any gain in the index, up to a maximum return of 22.4%.

Investors will be fully exposed to any losses.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Capped return enhanced notes
Underlying index:Euro Stoxx 50
Amount:$1 million
Maturity:Nov. 30, 2016
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus two times index return, up to maximum return of 22.4%; if index return is negative, one-to-one exposure to decline
Initial index level:3,360.65
Pricing date:Nov. 13
Settlement date:Nov. 18
Agent:J.P. Morgan Securities LLC
Fees:1%
Cusip:48128GDK3

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