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Published on 12/7/2018 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $193,000 capped buffered return enhanced notes on Stoxx

By Susanna Moon

Chicago, Dec. 7 – JPMorgan Chase Financial Co. LLC priced $193,000 of 0% capped buffered return enhanced notes due April 30, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the index finishes above its initial value, the payout at maturity will be par plus 2 times the gain up to a maximum return of 25%.

Investors will receive par if the index falls by up to 10% and will be exposed to any losses beyond the buffer.

The agent is J.P. Morgan Securities LLC.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Capped buffered return enhanced notes
Underlying index:Euro Stoxx 50 index
Amount:$193,000
Maturity:April 30, 2020
Coupon:0%
Price:Par
Payout at maturity:Par plus 2 times any index gain, capped at 25%; par if index declines by up to 10%; 1% loss per 1% drop beyond 10%
Initial value:3,197
Pricing date:Oct. 31
Settlement date:Nov. 5
Agents:J.P. Morgan Securities LLC
Fees:0.25%
Cusip:48130U2B0

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