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Published on 6/14/2018 in the Prospect News Structured Products Daily.

JPMorgan plans 8.6% contingent interest autocalls on three indexes

New York, June 14 – JPMorgan Chase Financial Co. LLC plans to price 8.6% autocallable contingent interest notes due June 18, 2020 linked to the least performing of the Russell 2000 index, the S&P 500 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annual rate of at least 8.6% if each index closes at or above its 65% interest barrier on the review date for that quarter. The exact coupon will be set at pricing.

The notes will be automatically called at par plus the contingent coupon if each index closes at or above its initial level on any review date other than final date.

The payout at maturity will be par unless any underlying index finishes below its 65% trigger level, in which case investors will be fully exposed to any losses of the worst performing index.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

The notes will price on June 15 and settle on June 20.

The Cusip number is 48129M3C8.


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