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Published on 1/5/2017 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $14.04 million PLUS linked to Russell 2000

By Marisa Wong

Morgantown, W.Va., Jan. 5 – JPMorgan Chase Financial Co. LLC priced $14.04 million of 0% Performance Leveraged Upside Securities due April 4, 2018 linked to the Russell 2000 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 index level, the payout at maturity will be par of $10 plus 3 times the index gain, subject to a maximum return of 18%. Investors will be fully exposed to any index decline.

J.P. Morgan Securities LLC is the agent with Morgan Stanley Wealth Management handling distribution.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Performance Leveraged Upside Securities
Underlying index:Russell 2000
Amount:$14,038,750
Maturity:April 4, 2018
Coupon:0%
Price:Par of $10
Payout at maturity:If final index level is greater than initial index level, par plus 300% of index gain, return capped at 18%; full exposure to any index decline
Initial index level:1,363.177
Pricing date:Dec. 29
Settlement date:Jan. 5
Agent:J.P. Morgan Securities LLC
Distribution:Morgan Stanley Wealth Management
Fees:2.25%
Cusip:48128P464

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