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Published on 11/8/2017 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $584,000 6% yield notes linked to three indexes

By Marisa Wong

Morgantown, W.Va., Nov. 8 – JPMorgan Chase Financial Co. LLC priced $584,000 of 6% yield notes due Oct. 31, 2018 linked to the worst performing of the Russell 2000 index, S&P 500 index and 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.

The payout at maturity will be par unless any index closes below its trigger level, 70% of its initial level, on any day during the life of the notes and any index finishes below its initial level, in which case investors will lose 1% for every 1% that the least-performing index declines below 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:Russell 2000, S&P 500 and Euro Stoxx 50
Amount:$584,000
Maturity:Oct. 31, 2018
Coupon:6%, payable monthly
Price:Par
Payout at maturity:Par unless any index finishes below initial level and any index falls below trigger level during life of notes, in which case 1% loss for every 1% decline of worst performing index from initial level
Initial index levels:1,502.773 for Russell, 2,575.26 for S&P and 3,673.95 for Euro Stoxx
Trigger levels:1,051.9411 for Russell, 1,802.682 for S&P and 2,571.765 for Euro Stoxx; 70% of initial levels
Pricing date:Oct. 31
Settlement date:Nov. 3
Agent:J.P. Morgan Securities LLC
Fees:0.6%
Cusip:48129HCD7

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