New Issue: JPMorgan prices $5.2 million enhanced trigger jump notes on gold, silver, palladium

By Angela McDaniels

Tacoma, Wash., Nov. 8 – JPMorgan Chase Financial Co. LLC priced $5.2 million of 0% enhanced trigger jump securities due May 7, 2020 linked to an equally weighted basket of gold, silver and palladium, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the final basket level is at least 85% of the initial index level, the payout at maturity will be par plus the greater of the basket return and 10%, subject to a maximum return of 40%.

If the final basket level is less than 85% of the initial basket level, investors will be fully exposed to the basket’s decline from its initial level.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Enhanced trigger jump securities
Underlying commodities:	Gold, silver and palladium, equally weighted
Amount:	$5.2 million
Maturity:	May 7, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If final basket level is at least 85% of initial index level, par plus greater of basket return and 10%, subject to 40% maximum return; if final basket level is less than 85% of initial basket level, full exposure to basket’s decline from initial level
Initial spot prices:	$1,302.80 for gold, 1,830 cents for silver and $625.00 for palladium
Pricing date:	Nov. 4
Settlement date:	Nov. 9
Agent:	J.P. Morgan Securities LLC
Fees:	3%
Cusip:	46646E5Q1

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