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Published on 10/4/2017 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $4.9 million five-year review notes on Stoxx 50, Russell

By Susanna Moon

Chicago, Oct. 4 – JPMorgan Chase Financial Co. LLC priced $4.9 million of 0% review notes due Sept. 30, 2022 linked to the lesser performing of 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.

The notes will be called at par plus an annualized call premium of 9% if each index closes at or above its initial level on any quarterly review date.

The payout will be unless either underlying index finishes below its 65% trigger level, in which case investors will be fully exposed to the losses of the worse performing index.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Review notes
Underlying indexes:Russell 2000, Euro Stoxx 50
Amount:$4,896,00
Maturity:Sept. 30, 2022
Coupon:0%
Price:Par
Call:At par plus 9% annualized if each index closes at or above initial level on any quarterly review date
Payout at maturity:Par unless either underlying index finishes below 65% trigger, in which case full exposure to losses of worse performing underlying index
Initial levels:1,484.813 for Russell, 3,555.17 for Stoxx
Triggers:965.12845 for Russell, 2,310.8605 for Stoxx; 65% of initial levels
Pricing date:Sept. 27
Settlement date:Sept. 29
Agent:J.P. Morgan Securities LLC
Fees:3.1%
Cusip:48129HBA4

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