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Published on 7/9/2014 in the Prospect News Structured Products Daily.

JPMorgan plans to price return notes linked to basket of 16 stocks

By Susanna Moon

Chicago, July 9 – JPMorgan Chase & Co. plans to price 0% return notes due July 29, 2015 linked to a basket of 16 stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying companies are Pfizer Inc., Merck & Co., Inc., Sanofi, Bristol-Myers Squibb Co., Walgreen Co., Eli Lilly & Co., Mylan Inc., Perrigo Co. and Zoetis Inc., each with a 6 2/3% weight, and Biogen Idec Inc., Celgene Corp., Valeant Pharmaceuticals International, Inc., Illumina, Inc., Endo Health Solutions Inc., Impax Laboratories, Inc. and Gilead Sciences, Inc., each with a 5 5/7% weight.

For each $1,000 principal amount of notes, the payout at maturity will be par plus the return multiplied by an adjustment factor of 99.75%.

J.P. Morgan Securities LLC is the agent.

The notes will price on July 11 and settle on July 16.

The Cusip number is 48127DSH2.


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