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Published on 6/11/2013 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $790,000 contingent buffered digital notes on Brent crude oil

By Susanna Moon

Chicago, June 11 - JPMorgan Chase & Co. priced $790,000 of 0% contingent buffered digital notes due June 19, 2014 linked to the Brent crude oil futures contract, according to a 424B2 filing with the Securities and Exchange Commission.

If the price of Brent crude finishes at or above 85% of the initial price, the payout at maturity will be par plus the digital return of 9.05%.

Otherwise, investors will share in any losses.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase & Co.
Issue:Contingent buffered digital notes
Underlying commodity:Brent crude oil futures contract
Amount:$790,000
Maturity:June 19, 2014
Coupon:0%
Price:Par
Payout at maturity:If Brent crude finishes at or above 85% of the initial price, par plus 9.05%; otherwise, full exposure to any losses
Initial price:$104.56
Pricing date:June 7
Settlement date:June 12
Agent:J.P. Morgan Securities LLC
Fees:1%
Cusip:48126DW88

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