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Published on 9/26/2016 in the Prospect News Structured Products Daily.

JPMorgan plans 6.75% fixed coupon callable notes tied to three indexes

By Susanna Moon

Chicago, Sept. 26 – JPMorgan Chase Financial Co. LLC plans to price 6.75% fixed coupon callable securities due Oct. 3, 2018 linked to the worst performing of the S&P 500 index, the Russell 2000 index and the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

Interest is payable quarterly.

The notes are callable at par on any contingent payment date other than the final date.

The payout at maturity will be par plus the coupon unless any index finishes below the 65% trigger level, in which case investors will be fully exposed to any losses of the worst performing index.

J.P. Morgan Securities LLC is the agent. Morgan Stanley Smith Barney LLC is a dealer.

The notes are guaranteed by JPMorgan Chase & Co.

The notes will price on Sept. 30.

The Cusip is 46646EF31.


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