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Published on 12/26/2017 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $13.62 million trigger PLUS due 2019 tied to Stoxx 50

By Susanna Moon

Chicago, Dec. 26 – JPMorgan Chase Financial Co. LLC priced $13.62 million of 0% trigger Performance Leveraged Upside Securities due Dec. 16, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the index finishes at or above its initial level, the payout at maturity will be par of $10 plus 178.3% of the index gain.

If the index falls by up to 15%, the payout will be par.

If the index finishes below its 85% trigger level, investors will lose 1% for each 1% 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:Trigger Performance Leveraged Upside Securities
Underlying index:Euro Stoxx 50
Amount:$13.62 million
Maturity:Dec. 16, 2019
Coupon:0%
Price:Par
Payout at maturity:If index gains, par plus 178.3% of return; if index declines by 15% or less, par; otherwise, 1% loss for each 1% decline
Initial level:3,582.21
Trigger level:3,044.8785, 85% of initial level
Pricing date:Dec. 11
Settlement date:Dec. 14
Agent:J.P. Morgan Securities LLC with Morgan Stanley Wealth Management handling distribution
Fees:2%
Cusip:48129K597

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