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Published on 1/6/2017 in the Prospect News Structured Products Daily.

JPMorgan plans capped buffered gears due 2019 linked to Russell

By Wendy Van Sickle

Columbus, Ohio, Jan. 6 – JPMorgan Chase Financial Co. LLC plans to price 0% capped buffered gears due Jan. 31, 2019 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.

The payout at maturity will be par of $10 plus double any index gain, up to a maximum return of 17% to 22%. The exact cap will be set at pricing.

Investors will receive par if the index falls by up to 10% and will be exposed to losses beyond 10%.

UBS Financial Services Inc. and J.P. Morgan Securities LLC are the agents.

The notes will price on Jan. 26 and settle on Jan. 31.

The Cusip number is 48128P316.


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