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Published on 7/16/2019 in the Prospect News Structured Products Daily.

JPMorgan plans contingent buffered notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., July 16 – JPMorgan Chase Financial Co. LLC plans to price 0% contingent buffered return enhanced notes due Jan. 21, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par plus at least 1.0725 times the index return. If the index declines by up to 30%, the payout will be par. If the index declines by more than 30%, investors will lose 1% for every 1% that the final index level is less than the initial index level.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

The notes will price July 19.

The Cusip number is 48132C5M1.


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