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Published on 6/24/2016 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $725,000 digital dual directional notes linked to Stoxx Europe 600

By Angela McDaniels

Tacoma, Wash., June 24 – JPMorgan Chase Financial Co. LLC priced $725,000 of 0% digital dual directional buffered notes due July 12, 2017 linked to the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the final index level is greater than or equal to the initial index level or is less than the initial index level by up to 10%, the payout at maturity will be par plus 7.95%. Otherwise, investors will lose 1.1111% for every 1% that the index declines beyond 10%.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Digital dual directional buffered notes
Underlying index:Stoxx Europe 600
Amount:$725,000
Maturity:July 12, 2017
Coupon:0%
Price:Par
Payout at maturity:If final index level is greater than or equal to initial index level or is less than initial index level by up to 10%, par plus 7.95%; otherwise, 1.1111% loss for every 1% that index declines beyond 10%
Initial index level:341.32
Final index level: Average of index’s closing levels on five trading days ending July 7, 2017
Pricing date:June 22
Settlement date:June 27
Agent:J.P. Morgan Securities LLC
Fees:1%
Cusip:46646EJK9

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