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Published on 5/30/2018 in the Prospect News Structured Products Daily.

JPMorgan plans five-year review notes linked to S&P 500, Russell

New York, May 30 – JPMorgan Chase Financial Co. LLC plans to price 0% review notes due June 9, 2023 linked to the lesser performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus a call premium of 8% per year if each index closes at or above its initial level on any review date. The review dates are quarterly beginning on June 7, 2019.

If the notes are not called, the payout at maturity will be par unless either index finishes below its 60% trigger level, in which case investors will be fully exposed to any losses of the worse performing index.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

The notes will price on June 6 and settle on June 11.

The Cusip number is 48129MWB8.


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