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Published on 2/8/2017 in the Prospect News Structured Products Daily.

JPMorgan plans capped buffered return enhanced notes tied to S&P 500

By Marisa Wong

Morgantown, W.Va., Feb. 8 – JPMorgan Chase Financial Co. LLC plans to price 0% capped buffered return enhanced notes due Feb. 14, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

The payout at maturity will be par plus 1.05 times any index gain, up to a maximum return of 16%.

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

J.P. Morgan Securities LLC is the agent.

The notes will price on Feb. 10.

The Cusip number is 46646QC60.


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