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Published on 3/10/2016 in the Prospect News Structured Products Daily.

JPMorgan plans 5.5% autocallable yield notes linked to index, fund

By Susanna Moon

Chicago, March 10 – JPMorgan Chase & Co. plans to price 5.5% autocallable yield notes due Sept. 14, 2017 linked to the S&P 500 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly, with the exact percentage to be set at pricing.

The notes will be called at par if each index closes at or above its initial level on any review date other than the final date.

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

J.P. Morgan Securities LLC is the agent.

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

The Cusip number is 48128GRH5.


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