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Published on 10/4/2016 in the Prospect News Structured Products Daily.

JPMorgan plans capped buffered enhanced notes tied to MSCI EAFE

By Marisa Wong

Morgantown, W.Va., Oct. 4 – JPMorgan Chase Financial Co. LLC plans to price 0% capped buffered enhanced participation equity notes due March 8, 2018 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the final index level is greater than the initial level, the payout at maturity will be par plus 1.4 times the index return, subject to a maximum settlement amount that is expected to fall between $1,152.88 and $1,179.76 per $1,000 of notes. The exact maximum payment will be set at pricing.

Investors will receive par if the index stays flat or falls by up to 12.5% and will lose 1.1429% for each 1% decline in the index beyond 12.5%.

J.P. Morgan Securities LLC is the agent.

The notes will price on Oct. 5.

The Cusip number is 46646EQ70.


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