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Published on 10/28/2016 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $3.78 million capped gears linked to energy fund

By Angela McDaniels

Tacoma, Wash., Oct. 28 – JPMorgan Chase Financial Co. LLC priced $3.78 million of 0% capped gears due Dec. 29, 2017 linked to the Energy Select Sector SPDR Fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the fund return is greater than zero, the payout at maturity will be par of $10 plus three times the fund return, subject to a maximum gain of 21.5%. If the fund return is negative, investors will be exposed to the fund’s decline.

UBS Financial Services Inc. and J.P. Morgan Securities LLC are the agents.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Capped gears
Underlying ETF:Energy Select Sector SPDR Fund
Amount:$3,777,250
Maturity:Dec. 29, 2017
Coupon:0%
Price:Par of $10
Payout at maturity:If fund return is greater than zero, par plus three times fund return, subject to 21.5% maximum gain; if fund return is negative, exposure to decline
Initial share price:$69.82
Pricing date:Oct. 26
Settlement date:Oct. 31
Agents:UBS Financial Services Inc. and J.P. Morgan Securities LLC
Fees:2%
Cusip:48128P829

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