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Published on 10/16/2017 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1.57 million PLUS linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Oct. 16 – JPMorgan Chase Financial Co. LLC priced $1.57 million of 0% Performance Leveraged Upside Securities due Feb. 5, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the index return is positive, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum return of 22.6%. If the index return is negative, investors will be fully exposed to the decline.

J.P. Morgan Securities LLC is the agent with Morgan Stanley Wealth Management handling distribution.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Performance Leveraged Upside Securities
Underlying index:Euro Stoxx 50
Amount:$1,569,240
Maturity:Feb. 5, 2019
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 300% of index return, subject to 22.6% maximum return; if index declines, full exposure to decline
Initial index level:3,605.54
Pricing date:Oct. 12
Settlement date:Oct. 17
Agent:J.P. Morgan Securities LLC
Distribution:Morgan Stanley Wealth Management
Fees:2.25%
Cusip:48129J335

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