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Published on 6/12/2017 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $451,000 of 5.75% yield notes linked to three indexes

By Devika Patel

Knoxville, Tenn., June 12 – JPMorgan Chase Financial Co. LLC priced $451,000 of 5.75% yield notes due June 5, 2018 linked to the least performing of the S&P 500 index, the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

Interest is payable monthly.

If each index finishes at or above its initial level or never closes below its trigger level, 70% of its initial level, during the life of the notes, the payout at maturity will be par plus the final coupon. Otherwise, investors will lose 1% for each 1% decline of the least-performing index from its initial level.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Yield notes
Underlying indexes:S&P 500, Russell 2000 and Euro Stoxx 50
Amount:$451,000
Maturity:June 5, 2018
Coupon:5.75%, payable monthly
Price:Par
Payout at maturity:If each index finishes at or above initial level or never closes below trigger level during life of notes, par plus coupon; otherwise, 1% loss for each 1% decline of least-performing index from initial level
Initial levels:2,411.80 for S&P, 1,370.208 for Russell and 3,554.59 for Stoxx
Trigger levels:1,688.26 for S&P, 959.1456 for Russell and 2,488.213 for Stoxx; 70% of initial levels
Pricing date:May 31
Settlement date:June 5
Agent:J.P. Morgan Securities LLC
Fees:0.6%
Cusip:46646QSQ9

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