New Issue: JPMorgan prices $315,000 uncapped contingent buffered notes on S&P 500

By Wendy Van Sickle

Columbus, Ohio, April 29 – JPMorgan Chase & Co. priced $315,000 of 0% uncapped contingent buffered equity notes due April 30, 2020 linked to the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.

If the index gains, the payout at maturity will be par plus the greater of the index gain and the contingent minimum return of 31%.

Investors will receive par if the index falls by up to 25% and will be fully exposed to the loss if the index declines beyond 25%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Uncapped contingent buffered equity notes
Underlying indexes:	S&P 500
Amount:	$315,000
Maturity:	April 30, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains, plus the greater of the index gain and contingent minimum return of 31%; par if index falls by up to 25%; full exposure to loss if index falls beyond 25%
Initial level:	2,091.70
Pricing date:	April 26
Settlement date:	April 29
Agent:	J.P. Morgan Securities LLC
Fees:	0.60714%
Cusip:	48128GSG6

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