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Published on 9/29/2017 in the Prospect News Structured Products Daily.

JPMorgan to price review notes due 2020 linked to Euro Stoxx, EM ETF

By Devika Patel

Knoxville, Tenn., Sept. 29 – JPMorgan Chase Financial Co. LLC plans to price 0% review notes due Sept. 17, 2020 linked to the lesser performing of the Euro Stoxx 50 index and the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

After one year, the notes will be called at par plus a call premium of at least 8.8% per year if each underlying closes at or above its initial level on any quarterly review date other than the final one and if each underlying closes at or above 70% of its initial level on the final review date. The exact call premium will be set at pricing.

If the notes are not called, investors will be fully exposed to the decline of the lesser-performing underlying from its initial level.

J.P. Morgan Securities LLC is the agent.

The notes (Cusip: 48129HCW5) will price on Oct. 12 and settle on Oct. 17.


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