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Published on 2/5/2016 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $610,000 digital buffered notes linked to Euro Stoxx 50

By Susanna Moon

Chicago, Feb. 5 – JPMorgan Chase & Co. priced $610,000 of 0% digital buffered notes due Feb. 7, 2018 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 its initial level, the payout at maturity will be par plus the fixed payment of 20%.

Investors will receive par if the index falls by up to 15% and will lose 1% for each 1% decline beyond 15%.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Digital notes
Underlying index:Euro Stoxx 50
Amount:$610,000
Maturity:Feb. 7, 2018
Coupon:0%
Price:Par
Payout at maturity:If index return is at least zero, par plus 20%; par if index falls by up to 15%; 1% loss for each 1% drop beyond 15%
Initial level:2,951.85
Pricing date:Feb. 2
Settlement date:Feb. 5
Agent:J.P. Morgan Securities LLC
Fees:0.15%
Cusip:48128GKS8

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