New Issue: JPMorgan prices $1.13 million capped buffered return enhanced notes on indexes, ETF

By Wendy Van Sickle

Columbus, Ohio, Aug. 29 – JPMorgan Chase Financial Co. LLC priced $1.13 million of 0% capped buffered return enhanced notes due Aug. 29, 2019 linked to a basket of indexes and a fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

The basket consists of the S&P 500 index with a 70% weight, the Russell 2000 index with a 15% weight and the iShares MSCI EAFE exchange-traded fund with a 15% weight.

If the basket return is positive, the payout at maturity will be par plus 2 times the basket return, up to a maximum return of 14%. Investors will receive par if the basket declines by 12% or less and will lose 1% for each 1% decline beyond 12%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped buffered return enhanced notes
Underliers:	S&P 500 index with a 70% weight, Russell 2000 index with a 15% weight and iShares MSCI EAFE exchange-traded fund with a 15% weight
Amount:	$1,128,000
Maturity:	Aug. 29, 2019
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus 200% of any basket gain, capped at 14%; par if basket declines by 12% or less; 1% loss for each 1% decline beyond 12%
Initial levels:	2,443.05 for S&P 500, 1,377.453 for Russell 20000, $66.75 for iShares MSCI EAFE
Pricing date:	Aug. 25
Settlement date:	Aug. 30
Agent:	J.P. Morgan Securities LLC
Fees:	0.5%
Cusip:	46647MK69

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