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Published on 5/24/2018 in the Prospect News Structured Products Daily.

JPMorgan to price 9.25% contingent interest autocallables on three total return indexes

New York, May 24 – JPMorgan Chase Financial Co. LLC plans to price 9.25% autocallable contingent interest notes due May 31, 2019 linked to the least performing of the S&P 500 Total Return index, the Russell 2000 Total Return index and the MSCI Daily TR Net Emerging Markets index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The notes will pay a contingent quarterly coupon at an annual rate of at least 9.25% if each underlying closes at or above its 70% interest barrier on the related quarterly review date. The exact coupon will be set at pricing.

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

The payout at maturity will be par unless any underlying closes below its 70% trigger value on any day during the life of the notes and the worst performing index finishes below its initial level, in which case investors will be fully exposed to any losses of the worst performing underlying.

J.P. Morgan Securities LLC is the agent.

The notes will price on May 25 and settle on May 31.

The Cusip number is 48129MVP8.


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