New Issue: JPMorgan sells $4.79 million capped buffered enhanced notes on S&P 500

By Marisa Wong

Morgantown, W.Va., April 25 – JPMorgan Chase Financial Co. LLC priced $4.79 million of 0% capped buffered enhanced participation equity notes due Feb. 22, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the index return is positive, the payout at maturity will be par plus 1.4 times the index gain, subject to a maximum payout of $1,201.60 per $1,000 of notes. Investors will receive par if the index falls by 10% or less and will lose 1.1111% for each 1% that it declines beyond 10%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped buffered enhanced participation equity notes
Underlying index:	S&P 500
Amount:	$4,792,000
Maturity:	Feb. 22, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.4 times any index gain, capped at $1,201.60 per $1,000 of notes; par if index falls by up to 10%; 1.1111% loss for each 1% index decline beyond 10%
Initial level:	2,349.01
Pricing date:	April 17
Settlement date:	April 24
Agent:	J.P. Morgan Securities LLC
Fees:	None
Cusip:	46646QPY5

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