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Published on 3/18/2019 in the Prospect News Structured Products Daily.

JPMorgan to price autocallable yield notes linked to Boeing

By Wendy Van Sickle

Columbus, Ohio, March 18 – JPMorgan Chase Financial Co. LLC plans to price autocallable yield notes due March 26, 2020 linked to the Boeing Co., according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

The interest rate is expected to be at least 8.01% per year and will be set at pricing. Interest will be payable quarterly.

The notes will be called at par if the stock closes at or above its initial level on any quarterly review date.

The payout at maturity will be par unless the stock finishes below its trigger level, 70% of its initial level, in which case investors will be fully exposed the decline of the stock.

J.P. Morgan Securities LLC is the agent.

The notes will price March 22.

The Cusip number is 48130WK83.


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