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Published on 7/27/2017 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $1.47 million digital dual directional notes on Stoxx 50

By Susanna Moon

Chicago, July 27 – JPMorgan Chase Financial Co. LLC priced $1.47 million of 0% digital dual directional contingent buffered notes due Aug. 8, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 7.25% unless the index finishes below its 85% barrier level, in which case investors will be fully exposed to any losses.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Digital dual directional contingent buffered notes
Underlying index:Euro Stoxx 50
Amount:$1,469,000
Maturity:Aug. 8, 2018
Coupon:0%
Price:Par
Payout at maturity:If index finishes at or above 85% barrier, par plus 7.25%; otherwise, par plus return with full exposure to any losses
Initial level:3,451.71
Contingent buffer:15%
Pricing date:July 21
Settlement date:July 26
Agent:J.P. Morgan Securities LLC
Fees:1%
Cusip:46647MZC0

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