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Published on 11/7/2018 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $407,000 trigger in-digital notes due 2019 on S&P 500

By Susanna Moon

Chicago, Nov. 7 – JPMorgan Chase Financial Co. LLC priced $407,000 of 0% trigger in-digital notes due Dec. 31, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its 85% downside threshold, the payout at maturity will be par of $10 plus 9.4%.

Otherwise, investors will be fully exposed to any losses.

The notes are guaranteed by JPMorgan Chase & Co.

UBS Financial Services Inc. and J.P. Morgan Securities LLC are the agents.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:J.P. Morgan Securities LLC
Issue:Trigger in-digital notes
Underlying indexes:S&P 500
Amount:$407,000
Maturity:Dec. 31, 2019
Coupon:0%
Price:Par of $10
Payout at maturity:If index finishes at or above downside threshold, par plus 9.4%; otherwise, 1% loss per 1% decline
Initial level:2,658.69
Downside threshold:2,259.89, 85% of initial level
Pricing date:Oct. 26
Settlement date:Oct. 31
Agents:UBS Financial Services Inc. and J.P. Morgan Securities LLC
Fees:None
Cusip:48130V624

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