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Published on 3/28/2014 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1.58 million buffered return enhanced notes linked to iShares MSCI EAFE

By Angela McDaniels

Tacoma, Wash., March 28 - JPMorgan Chase & Co. priced $1.58 million of 0% capped buffered return enhanced notes due March 31, 2016 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange.

The payout at maturity will be par plus double any gain in the fund, up to a maximum return of 15%. Investors will receive par if the fund falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Capped buffered return enhanced notes
Underlying ETF:iShares MSCI EAFE ETF
Amount:$1,581,000
Maturity:March 31, 2016
Coupon:0%
Price:Par
Payout at maturity:Par plus 200% of any gain in fund, capped at 15%; par if fund declines by up to 10%; exposure to losses beyond 10%
Initial share price:$66.02
Pricing date:March 26
Settlement date:March 31
Agent:J.P. Morgan Securities LLC
Fees:0.22834%
Cusip:48127DAE8

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