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Published on 9/26/2018 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $994,000 notes on basket of two dividend indexes

By Marisa Wong

Morgantown, W.Va., Sept. 26 – JPMorgan Chase Financial Co. LLC priced $994,000 of 0% notes due Sept. 3, 2021 linked to an equally weighted basket consisting of the S&P 500 Low Volatility High Dividend index and Euro Stoxx Select Dividend 30 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The payout at maturity will be par plus 1.8 times any basket gain.

If the basket finishes flat or falls, the payout will be par plus the basket return, subject to a minimum payout of 95% of par.

The agent is J.P. Morgan Securities LLC.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Notes
Underlying basket:S&P 500 Low Volatility High Dividend index and Euro Stoxx Select Dividend 30 index; equally weighted
Amount:$994,000
Maturity:Sept. 3, 2021
Coupon:0%
Price:Par of $1,000
Payout at maturity:Par plus 1.8 times any basket gain; if basket finishes flat or falls, par plus the basket return, subject to a minimum payout of 95% of par
Initial values:6,963.910 for S&P High Dividend and 1,964.70 for Stoxx Select Dividend
Pricing date:Aug. 31
Settlement date:Sept. 6
Agent:J.P. Morgan Securities LLC
Fees:0.66398%
Cusip:48130UAT2

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