New Issue: JPMorgan sells $297,000 contingent buffered notes on S&P, Russell, Dow

By Marisa Wong

Los Angeles, Oct. 12 – JPMorgan Chase Financial Co. LLC priced $297,000 of 0% capped contingent buffered return enhanced notes due Oct. 28, 2021 linked to the least performing of the S&P 500 index, the Russell 2000 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The payout at maturity will be par plus 1.5 times any gain in the least performing index, capped at par plus 11%. If any index falls but none fall by more than 30%, the payout will be par. Otherwise, investors will be fully exposed to the decline of the least performing underlying from its initial value.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped contingent buffered return enhanced notes
Underlying indexes:	S&P 500 index, Russell 2000 index, Dow Jones industrial average
Amount:	$297,000
Maturity:	Oct. 28, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any gain in the lesser performing index, capped at par plus 11%; if any index falls but none fall by more than 30%, par; otherwise, full exposure to the decline of the least performing index from its initial value
Initial values:	3,298.46 for S&P, 1,474.908 for Russell and 27,173.96 for Dow
Pricing date:	Sept. 25
Settlement date:	Sept. 30
Agent:	J.P. Morgan Securities LLC
Fees:	2.01768%
Cusip:	48132MQ38

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