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Published on 6/6/2019 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $4.88 million capped buffered enhanced notes linked to Euro Stoxx

By Marisa Wong

Morgantown, W.Va., June 6 – JPMorgan Chase Financial Co. LLC priced $4.88 million of 0% capped buffered enhanced participation equity notes due May 12, 2021 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 positive, the payout at maturity will be par plus 2 times the index return, subject to a maximum settlement amount of $1,235 per $1,000 of notes. Investors will receive par if the index declines by 25% or less and will lose 1.3333% for every 1% that it declines beyond 25%.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Capped buffered enhanced participation equity notes
Underlying index:Euro Stoxx 50 index
Amount:$4,876,000
Maturity:May 12, 2021
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 2 times the index return, capped at $1,235 per $1,000 of notes; par if the index declines by 35% or less; 1.3333% loss for every 1% that it declines beyond 25%
Initial level:3,361.05
Pricing date:May 10
Settlement date:May 17
Agent:J.P. Morgan Securities LLC
Fees:2%
Cusip:48132CLD3

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