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Published on 3/1/2018 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $16.39 million capped trigger gears tied to Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, March 1 – JPMorgan Chase Financial Co. LLC priced $16.39 million of 0% capped trigger gears due Feb. 26, 2021 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.

The payout at maturity will be par of $10 plus 3 times any index gain, subject to a maximum return of 64.55%.

Investors will receive par if the index falls by up to 25% and will be fully exposed to any losses if the index finishes below its 75% downside threshold level.

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 trigger gears
Underlying index:Euro Stoxx 50
Amount:$16,386,650
Maturity:Feb. 26, 2021
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 3 times any index gain, subject to a maximum return of 64.55%; par if the index falls by up to 25%; full exposure to any losses if index finishes below downside threshold
Initial level:3,463.18
Downside threshold:2,597.39, 75% of initial level
Pricing date:Feb. 26
Settlement date:Feb. 28
Agents:UBS Financial Services Inc. and J.P. Morgan Securities LLC
Fees:2.5%
Cusip:48129L207

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