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Published on 10/25/2017 in the Prospect News Structured Products Daily.

JPMorgan plans two-year buffered PLUS with cap tied to Euro Stoxx 50

By Susanna Moon

Chicago, Oct. 25 – JPMorgan Chase Financial Co. LLC plans to price 0% buffered Performance Leveraged Upside Securities due Nov. 5, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 140% of any index gain, up to a maximum return of at least 23.35%.

Investors will receive par if the index falls by up to 15% and will lose 1% for each 1% decline beyond 15%.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent with Morgan Stanley Smith Barney LLC handling distribution.

The notes will price on Oct. 31.

The Cusip number is 48129J137.


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