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Published on 12/5/2016 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $5.77 million trigger jump notes linked to Facebook

By Wendy Van Sickle

Columbus, Ohio, Dec. 5 – JPMorgan Chase Financial Co. LLC priced $5.77 million of 0% trigger jump securities due Dec. 5, 2018 linked to the common stock of Facebook, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the stock finishes at or above its initial level, the payout at maturity will be par of $10 plus the upside payment of 28%.

Investors will receive par if the stock falls by up to 20% and will be fully exposed to any losses if the stock finishes below the 80% trigger level.

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:Trigger jump securities
Underlying stock:Facebook, Inc. (Symbol: FB)
Amount:$5,771,000
Maturity:Dec. 5, 2018
Coupon:0%
Price:Par of $10.00
Payout at maturity:If final share price is greater than or equal to initial share price, par plus 28%; if final share price is less than initial share price but greater than or equal to trigger share price, par; if final share price is less than trigger share price, full exposure to stock’s decline from initial share price
Initial share price:$118.42
Downside threshold:$94.736, 80% of initial share price
Pricing date:Nov. 30
Settlement date:Dec. 5
Agent:J.P. Morgan Securities LLC
Distribution:Morgan Stanley Wealth Management
Fees:2%
Cusip:48128P647

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