New Issue: JPMorgan prices $3.61 million jump securities tied to S&P 500

By Marisa Wong

Morgantown, W.Va., Jan. 21 – JPMorgan Chase & Co. priced $3.61 million of 0% jump securities due Jan. 19, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial index level, the payout at maturity will be par plus the upside payment of 21.5%.

Investors will be exposed to any losses.

J.P. Morgan Securities LLC is the agent with Morgan Stanley Wealth Management handling distribution.

Issuer:	JPMorgan Chase & Co.
Issue:	Jump securities
Underlying index:	S&P 500 index
Amount:	$3,611,260
Maturity:	Jan. 19, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If the index finishes at or above its initial index level, par plus 21.5%; investors will be exposed to any losses
Initial level:	1,880.33
Pricing date:	Jan. 15
Settlement date:	Jan. 21
Agent:	J.P. Morgan Securities LLC with Morgan Stanley Wealth Management handling distribution
Fees:	2.5%
Cusip:	48128A616

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