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Published on 10/7/2016 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $6.2 million capped airbag gears linked to four indexes

By Angela McDaniels

Tacoma, Wash., Oct. 7 – JPMorgan Chase Financial Co. LLC priced $6.2 million of 0% capped airbag gears due Jan. 9, 2018 linked to a basket of indexes consisting of the Euro Stoxx 50 index with a 50% weight, the Topix index with a 20% weight, the FTSE 100 index with a 20% weight and the Swiss Market index with a 10% weight, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the basket return is positive, the payout at maturity will be par of $10 plus two times the basket return, subject to a maximum gain of 16.125%. Investors will receive par if the basket falls by up to 10% and will lose 1.1111% for each 1% that the basket may decline beyond 10%.

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

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Capped airbag gears
Underlying indexes:Euro Stoxx 50 (50% weight), Topix (20% weight), FTSE 100 (20% weight) and Swiss Market (10% weight)
Amount:$6.2 million
Maturity:Jan. 9, 2018
Coupon:0%
Price:Par of $10
Payout at maturity:If basket return is positive, par plus two times basket return, subject to 16.125% maximum gain; par if basket falls by up to 10%; 1.1111% loss for each 1% that basket may decline beyond 10%
Initial index levels:3,029.50 for Euro Stoxx 50, 1,340.21 for Topix, 7,074.34 for FTSE 100 and 8,230.73 for Swiss Market
Pricing date:Oct. 5
Settlement date:Oct. 11
Agents:UBS Financial Services Inc. and J.P. Morgan Securities LLC
Fees:0.45%
Cusip:48128P407

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