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Published on 5/19/2017 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $5.06 million autocallable notes tied to MSCI EM, Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, May 19 – JPMorgan Chase Financial Co. LLC priced $5.06 million of 0% autocallable notes due May 21, 2020 linked to the MSCI Emerging Markets index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The notes will be called at par plus an annualized call premium of 12.05% if each index closes at or above its call level on any annual call date. The call level will be 100% of the initial level on the first call date, 95% on the second, and 90% on the third.

The payout at maturity will be par, unless either index finishes below the 70% trigger level, in which case investors will lose 1% for every 1% decline of the worse performing index.

J.P. Morgan Securities LLC and UBS Financial Services Inc. are the agents.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Trigger autocallable contingent yield notes
Underlying indexes:MSCI Emerging Markets and Euro Stoxx 50
Amount:$5,057,000
Maturity:May 21, 2020
Coupon:0%
Price:Par
Payout at maturity:Par unless either index finishes below trigger level, in which case investors will lose 1% for every 1% decline of the worse performing index
Call:At par plus 12.05% a year if each index closes at or above its call level on any annual call date
Call levels:100% of initial level on first call date, 95% on second, 90% on third
Initial levels:1,008.63 for EM, 3,584.83 for Stoxx
Triggers:706.041 for EM, 2,509.381 for Stoxx; 70% of initial levels
Pricing date:May 17
Settlement date:May 22
Agents:J.P. Morgan Securities LLC and UBS Financial Services Inc.
Fees:2.25%
Cusip:46647MCM3

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