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Published on 6/4/2014 in the Prospect News Structured Products Daily.

JPMorgan to price return notes linked to basket of 13 stocks

By Marisa Wong

Madison, Wis., June 4 - JPMorgan Chase & Co. plans to price 0% return notes due June 24, 2015 linked to an equally weighted basket of 13 stocks, according to an FWP filing with the Securities and Exchange Commission.

The underlying companies are Google Inc., Priceline Group Inc., Xilinx, Inc., Weatherford International Ltd., Halliburton Co., Nucor Corp., Cabot Oil & Gas Corp., Bank of America Corp., SVB Financial Group, Home Depot, Inc., General Motors Co., Costco Wholesale Corp. and Eaton Corp. plc.

The payout at maturity will be par plus the basket return times a basket adjustment factor of 99.7%.

Investors will share in losses if the basket return is less than 0.3009%.

J.P. Morgan Securities LLC is the agent.

The notes will price on June 6 and settle on June 11.

The Cusip number is 48127DLN6.


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