JPMorgan Chase & Co. Announces Delisting of JFT and Redemption of DSTJ and
DSXJ Exchange Traded Notes
NEW YORK -- September 20, 2013
JPMorgan Chase & Co. (NYSE: JPM) announced today that it will withdraw the
NYSE Arca listing of its KEYnotes Exchange Traded Notes Linked to the First
Trust Enhanced 130/30 Large Cap Index due 2023 with a CUSIP of 46625H761 (NYSE
Arca: JFT) (the “JFT ETNs”) effective on or about October 10, 2013 due to
current limited demand for the security. In connection with the delisting of
the JFT ETNs, JPMorgan Chase & Co. and First Trust Portfolios L.P. will
jointly terminate the Marketing Agent Agreement for the JFT ETNs effective on
or about October 14, 2013.
Upon the effective delisting date, the JFT ETNs will no longer be listed on
any national exchange or quoted medium. The JFT ETNs may trade, if at all, on
an over the counter basis. For additional information, please see the
prospectus related to the JFT ETNs.
JPMorgan Chase & Co. also announced today that it will redeem all of the
outstanding exchange traded notes set forth below (collectively the “Redeemed
*JPMorgan Double Short U.S. Long Bond Treasury Futures ETNs due September
30, 2025 with a CUSIP of 46634X864 (NYSE Arca: DSTJ); and
*JPMorgan Double Short U.S. 10 Year Treasury Futures ETNs due September 30,
2025 with a CUSIP of 46634X823 (NYSE Arca: DSXJ).
Other terms used but not defined below shall have the meanings ascribed to
those terms in the applicable prospectus related to the Redeemed ETNs. The
Redemption Date for the Redeemed ETNs shall be on or about October 3, 2013.
The Payment upon Optional Redemption for each of the Redeemed ETNs will be the
Closing Note Value of those Redeemed ETNs as of September 27, 2013. JPMorgan
Chase & Co. will pay investors holding the Redeemed ETNs as of 5:00 p.m., New
York time, on or about October 3, 2013, the applicable Payment upon Optional
Other exchange traded notes, structured notes and debt securities issued by
JPMorgan Chase & Co. are not affected by these redemptions and de-listings.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm
with assets of $2.4 trillion and operations worldwide. The firm is a leader in
investment banking, financial services for consumers, small business and
commercial banking, financial transaction processing, asset management and
private equity. A component of the Dow Jones Industrial Average, JPMorgan
Chase & Co. serves millions of consumers in the United States and many of the
world’s most prominent corporate, institutional and government clients under
its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is
available at www.jpmorganchase.com.
Investment suitability must be determined individually for each investor, and
the ETNs may not be suitable for all investors. This information is not
intended to provide and should not be relied upon as providing accounting,
legal, regulatory or tax advice. Investors should consult with their own
advisors as to these matters.
JPMorgan Chase & Co. has filed a registration statement (including a
prospectus) with the Securities and Exchange Commission, or SEC, for the
offerings to which this communication relates.
Before you invest, you should read the prospectus in that registration
statement and the other documents relating to this offering that JPMorgan
Chase & Co. has filed with the SEC for more complete information about
JPMorgan Chase & Co. and these offerings.
You may get these documents without cost by visiting EDGAR on the SEC website
at www.sec.gov. Alternatively, JPMorgan Chase & Co., any agent or any dealer
participating in this offering will arrange to send you the prospectus, the
prospectus supplement, the product supplement and the pricing supplement if
you so request by calling toll-free 1-800-576-3529.
For additional information, please contact the JPMorgan Structured
Investments team at 1-800-576-3529 or at
JPMorgan Chase & Co.
Justin Perras, (212) 270-7381
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