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Published on 2/17/2016 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $776,350 buffered PLUS due 2019 tied to Euro Stoxx 50

By Devika Patel

Knoxville, Tenn., Feb. 17 – JPMorgan Chase & Co. priced $776,350 of 0% buffered Performance Leveraged Upside Securities due Feb. 15, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 200% of any index gain, up to a maximum return of 40%.

Investors will receive par if the index falls by up to 10% and will be exposed to any losses beyond 10%.

J.P. Morgan Securities LLC is the agent with Morgan Stanley Wealth Management handling distribution.

Issuer:JPMorgan Chase & Co.
Issue:Buffered Performance Leveraged Upside Securities
Underlying index:Euro Stoxx 50
Amount:$776,350
Maturity:Feb. 15, 2019
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 200% of any index gain, capped at 40%; par if index falls by up to 10%; exposure to any losses beyond 10%
Initial level:2,756.16
Pricing date:Feb. 12
Settlement date:Feb. 18
Agent:J.P. Morgan Securities LLC
Fees:2.5%
Cusip:48128A251

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