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Published on 11/1/2016 in the Prospect News Structured Products Daily.

JPMorgan to price capped buffered return enhanced notes linked to FTSE

By Angela McDaniels

Tacoma, Wash., Nov. 1 – JPMorgan Chase Financial Co. LLC plans to price 0% capped buffered return enhanced notes due May 28, 2019 linked to the FTSE 100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

If the final index level is greater than the initial index level, the payout at maturity will be par plus two times the index return, subject to a maximum return that is expected to be 30% to 34% and will be set at pricing. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

J.P. Morgan Securities LLC is the agent.

The notes will price Nov. 22.

The Cusip number is 46646E3V2.


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