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Published on 6/11/2015 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $6.33 million review notes on Russell, iShares MSCI EAFE

By Susanna Moon

Chicago, June 11 – JPMorgan Chase & Co. priced $6.33 million of 0% review notes due Dec. 14, 2016 linked to the lesser performing of the Russell 2000 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus an annualized call premium of 11.5% if each component closes at or above its initial level on any of three semiannual review dates.

The payout at maturity will be par unless either component falls by more than 20%, in which case investors will lose 1.25% for each 1% decline of the worst performing component.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Review notes
Underlyings:Russell 2000 index, iShares MSCI EAFE ETF
Amount:$6,332,000
Maturity:Dec. 14, 2016
Coupon:0%
Price:Par
Payout at maturity:If each component finishes at or above trigger level, par; otherwise, 1.25% loss for each 1% decline of worse performing component
Call:At par plus 11.5% per year if each component closes at or above initial level on Dec. 9, 2015, June 9, 2016 or Dec. 9, 2016
Barrier levels:80% of initial levels
Pricing date:June 9
Settlement date:June 12
Agent:J.P. Morgan Securities LLC
Fees:0.24176%
Cusip:48125UWY4

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