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Published on 1/3/2019 in the Prospect News Structured Products Daily.

JPMorgan to price six-year review notes linked to S&P, Russell, Dow

Chicago, Jan. 3 – JPMorgan Chase Financial Co. LLC plans to price 0% review notes due Jan. 9, 2025 linked to the worst performing of the S&P 500 index, the Russell 2000 index and the Dow Jones Industrial Average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus an annual call premium of at least 15.8% if each index closes at or above its initial level on any of six annual review dates.

If the notes are not called, the payout at maturity will be par, unless the least performing index closes below 70% of its initial value in which case investors will fully participate in the losses of the least performing index.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

The notes will price on Jan. 4 and settle on Jan. 11.

The Cusip number is 48130WC41.


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