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Published on 7/6/2017 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $1.1 million capped buffered return notes tied to S&P 500, Russell

By Susanna Moon

Chicago, July 6 – JPMorgan Chase Financial Co. LLC priced $1.1 million of capped buffered return enhanced notes due Sept. 19, 2018 linked to the S&P 500 index and the Russell 2000 index, equally weighted, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 2.5 times any basket gain, up to a maximum return of 13.5%.

Investors will receive par if the index falls by up to 5% and will be exposed to any losses beyond 5%.

The notes are guaranteed by JPMorgan Chase & Co.

The agent is J.P. Morgan Securities LLC.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Capped buffered return enhanced notes
Underlying basket:S&P 500 index and Russell 2000 index, equally weighted
Amount:$1,104,000
Maturity:Sept. 19, 2018
Coupon:0%
Price:Par
Payout at maturity:Par plus 2.5 times return of index, capped at 13.5%; par if index declines by up to 5%; exposure to losses beyond 5%
Initial levels:2,437.92 for the S&P and 1,417.573 for Russell
Pricing date:June 14
Settlement date:June 19
Agents:J.P. Morgan Securities LLC
Fees:None
Cusip:46647MGC1

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