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Published on 6/21/2018 in the Prospect News Structured Products Daily.

JPMorgan plans contingent buffered digital notes on three indexes

New York, June 21 – JPMorgan Chase Financial Co. LLC plans to price 0% contingent buffered digital notes due June 27, 2024 linked to the least performing of the S&P 500 index, the Russell 2000 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

If the final level of each index is greater than or equal to its initial level, the payout at maturity will be par plus the contingent digital return, which is expected to be at least 67% and will be set at pricing.

If the final level of the worst performing index is less than its initial level by up to the contingent buffer amount of 30% then the payout will be par.

If any index is less than its initial level by more than 30%, investors will lose 1% for every 1% that the least performing index finishes below its initial level.

J.P. Morgan Securities LLC is the agent.

The notes will price on June 22 and settle on June 29.

The Cusip number is 48129M4C7.


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