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Published on 6/20/2018 in the Prospect News Structured Products Daily.

JPMorgan to price capped buffered enhanced notes on Stoxx, MSCI EAFE

By Sarah Lizee

Olympia, Wash., June 20 – JPMorgan Chase Financial Co. LLC plans to price 0% capped buffered return enhanced notes due May 29, 2020 linked to the Euro Stoxx 50 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If each underlying component finishes above its initial level, the payout at maturity will be par plus at least 2 times any gain of the worse performing underlying component, subject to a maximum return of 30%.

If either underlying component falls by up to 15%, the payout will be par.

Otherwise, investors will lose 1% for each 1% decline of the worse performing underlying component beyond 15%.

The agent is J.P. Morgan Securities LLC.

The notes are guaranteed by JPMorgan Chase & Co.

The notes will price on June 29 and settle on July 5.

The Cusip number is 48129HMX2.


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