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Published on 9/1/2016 in the Prospect News Structured Products Daily.

JPMorgan plans buffered return enhanced notes tied to Euro Stoxx 50

By Susanna Moon

Chicago, Sept. 31 – JPMorgan Chase Financial Co. LLC plans to price 0% buffered return enhanced notes due Sept. 19, 2018 linked to a basket of two indexes and one fund, according to a 424B2 filed with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 70% weight, the Russell 2000 index with a 15% weight and the iShares MSCI EAFE exchange-traded fund with a 15% weight.

The payout at maturity will be par plus double any basket gain, up to a maximum return of 17.5%.

Investors will receive par if the basket falls by up to 12% and will be exposed to any losses beyond 12%.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

The notes will price on Sept. 14 and settle on Sept. 19.

The Cusip number is 46646EYL0.


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