New Issue: JPMorgan sells $15.73 million capped buffered notes on index, ETF

By Marisa Wong

Morgantown, W.Va., Aug. 9 – JPMorgan Chase Financial Co. LLC priced $15.73 million of capped buffered return enhanced notes due July 31, 2020 linked to an equally weighted basket of the iShares MSCI EAFE exchange-traded fund and 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 basket finishes above its initial value, the payout at maturity will be par plus 1.25 times the basket return, capped at par plus 19%.

If the basket declines by up to 15%, the payout will be par. Investors will be exposed to any losses beyond 15%.

The agent is J.P. Morgan Securities LLC.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped buffered return enhanced notes
Underlying basket:	iShares MSCI EAFE ETF and S&P 500 index, equally weighted
Amount:	$15,732,000
Maturity:	July 31, 2020
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus 1.25 times any basket gain, capped at par plus 19%; par if basket declines by up to 15%; exposure to losses beyond 15%
Initial values:	$68.88 for ETF and 2,816.29 for index
Pricing date:	July 31
Settlement date:	Aug. 3
Agent:	J.P. Morgan Securities LLC
Fees:	0.6%
Cusip:	48129MR57

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