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Published on 5/23/2016 in the Prospect News Structured Products Daily.

JPMorgan plans 6% autocallable yield notes tied to three indexes

By Wendy Van Sickle

Columbus, Ohio, May 23 – JPMorgan Chase Financial Co. LLC plans to price 6% autocallable yield notes due June 26, 2017 linked to the S&P 500 index, the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

Interest is payable monthly.

The notes will be called at par if each index closes at or above its initial level on any quarterly review date other than the final review date.

The payout at maturity will be par unless any index closes below its 60% trigger level on any day during the life of the notes and any index finishes below its initial level, in which case investors will be fully exposed to the any losses of the worst performing index.

J.P. Morgan Securities LLC is the agent.

The notes will price on June 21 and settle on June 24.

The Cusip number is 46646EDR0.


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