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Published on 5/31/2018 in the Prospect News Structured Products Daily.

JPMorgan plans 7% to 9% contingent interest autocalls linked to three indexes

New York, May 31 – JPMorgan Chase Financial Co. LLC plans to price 7% to 9% autocallable contingent interest notes due Dec. 31, 2019 linked to the least performing of the Russell 2000 index, the S&P 500 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent monthly coupon at an annual rate of 7% to 9% if each index closes at or above its 70% interest barrier on the review date for that month. The exact coupon will be set at pricing.

The notes will be automatically called at par plus the contingent coupon if each index closes at or above its initial level on any monthly review date other than the first, second and final dates.

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

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

The notes will price on June 26 and settle on June 29.

The Cusip number is 48129MXM3.


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