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Published on 2/3/2017 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $3.3 million capped enhanced notes linked to MSCI EAFE

By Marisa Wong

Morgantown, W.Va., Feb. 3 – JPMorgan Chase Financial Co. LLC priced $3.3 million of 0% capped enhanced participation equity notes due Dec. 6, 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 index return is positive, the payout at maturity will be par plus three times the index return, subject to a maximum settlement amount of $1,264 per $1,000 principal amount of notes. If the index return is negative, investors will have one-to-one exposure to the decline.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Capped enhanced participation equity notes
Underlying index:MSCI EAFE index
Amount:$3.3 million
Maturity:Dec. 6, 2018
Coupon:0%
Price:Par of $1,000
Payout at maturity:If index return is positive, par plus three times index return, subject to maximum settlement amount of $1,264 per note; one-to-one exposure to any index decline
Initial level:1,734.66
Pricing date:Feb. 1
Settlement date:Feb. 8
Agent:J.P. Morgan Securities LLC
Fees:1.96%
Cusip:46646QVP7

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