New Issue: JPMorgan prices $137,000 contingent buffered notes linked to iShares MSCI EAFE

By Angela McDaniels

Tacoma, Wash., Oct. 28 – JPMorgan Chase Financial Co. LLC priced $137,000 of 0% uncapped contingent buffered equity notes due Oct. 30, 2020 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the final share price is greater than or equal to the initial share price, the payout at maturity will be par plus the greater of the ETF return and 33%. If the ETF declines by up to 25%, the payout will be par. If the ETF declines by more than 25%, investors will lose 1% for every 1% that the final share price is less than the initial share price.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Uncapped contingent buffered equity notes
Underlying ETF:	iShares MSCI EAFE
Amount:	$137,000
Maturity:	Oct. 30, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If final share price is greater than or equal to initial share price, par plus greater of ETF return and 33%; if ETF declines by up to 25%, par; if ETF declines by more than 25%, 1% loss for every 1% that final share price is less than initial share price
Initial share price:	$57.88
Pricing date:	Oct. 26
Settlement date:	Oct. 31
Agent:	J.P. Morgan Securities LLC
Fees:	0.43248%
Cusip:	46646EN40

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