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Published on 10/16/2017 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $5.1 million digital notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Oct. 16 – JPMorgan Chase Financial Co. LLC priced $5.1 million of 0% digital equity notes due Dec. 14, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the index return is greater than or equal to negative 10%, the payout at maturity will be $1,091 per $1,000 principal amount of notes. If the index return is less than negative 10%, investors will lose 1.1111% for every 1% that the index declines beyond 10%.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Digital equity notes
Underlying index:Euro Stoxx 50
Amount:$5.1 million
Maturity:Dec. 14, 2018
Coupon:0%
Price:Par
Payout at maturity:If index return is greater than or equal to negative 10%, $1,091 per $1,000 principal amount of notes; if index return is less than negative 10%, 1.1111% loss for every 1% that index declines beyond 10%
Initial index level:3,605.54
Pricing date:Oct. 12
Settlement date:Oct. 19
Agent:J.P. Morgan Securities LLC
Fees:None
Cusip:48129HFH5

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