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Published on 4/2/2018 in the Prospect News Structured Products Daily.

JPMorgan plans 7%-9% contingent interest autocalls on Stoxx, Russell

New York, April 2 – JPMorgan Chase Financial Co. LLC plans to price autocallable contingent interest notes due April 30, 2020 linked to the lesser performing of the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annual rate of 7% to 9% if each index closes at or above its 85% interest barrier on the review date for that quarter. The exact coupon will be set at pricing.

The notes will be automatically called at par plus the contingent coupon if each index closes at or above its initial level on any review date other than the first and final dates.

The payout at maturity will be par unless either index finishes below its buffer threshold of 85% of its initial level, in which case investors will be exposed to any losses of the worse performing index beyond 15%.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

The notes will price on April 25 and settle on April 30.

The Cusip number is 48129MJS6.


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