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Published on 8/4/2015 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $29.81 million PLUS linked to SPDR S&P Regional Banking

By Angela McDaniels

Tacoma, Wash., Aug. 4 – JPMorgan Chase & Co. priced $29.81 million of 0% Performance Leveraged Upside Securities due Nov. 3, 2016 linked to the SPDR S&P Regional Banking exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any gain in the ETF, up to a maximum return of 17%. Investors will be fully exposed to any decline in the ETF.

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

Issuer:JPMorgan Chase & Co.
Issue:Performance Leveraged Upside Securities
Underlying ETF:SPDR S&P Regional Banking ETF
Amount:$29,806,700
Maturity:Nov. 3, 2016
Coupon:0%
Price:Par of $10.00
Payout at maturity:Par plus 300% of any ETF gain, capped at 17%; full exposure to any losses
Initial share price:$43.62
Pricing date:July 31
Settlement date:Aug. 5
Agent:J.P. Morgan Securities LLC
Distribution:Morgan Stanley Wealth Management
Fees:2.25%
Cusip:48127X187

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