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Published on 10/8/2013 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $20.24 million capped return enhanced notes on S&P GSCI Excess Return

By Jennifer Chiou

New York, Oct. 8 - JPMorgan Chase & Co. priced $20,235,000 of 0% capped return enhanced notes due Oct. 16, 2014 linked to the S&P GSCI Excess Return index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 200% of any gain in the index, subject to a maximum return of 12.6%. Investors will be exposed to any index decline.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Capped return enhanced notes
Underlying index:S&P GSCI Excess Return
Amount:$20,235,000
Maturity:Oct. 16, 2014
Coupon:0%
Price:Par
Payout at maturity:Par plus 200% of any gain in index, subject to maximum return of 12.6%; exposure to any index decline
Initial index level:473.2521
Pricing date:Oct. 4
Settlement date:Oct. 9
Agent:J.P. Morgan Securities LLC
Fees:0.221% and up to 0.37% for selling concessions
Cusip:48126NWT0

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