New Issue: JPMorgan prices $2.73 million capped notes due 2020 on Russell, S&P

By Sarah Lizee

Olympia, Wash., Nov. 5 – JPMorgan Chase Financial Co. LLC priced $2.73 million of 0% capped notes due Oct. 30, 2020 linked to the lesser performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The payout at maturity will be par plus any gain of the lesser performing index, capped at par plus 16%. If either index declines, the payout will be par plus the return of the lesser performing index, subject to a minimum payout of 95% of par.

The agent is J.P. Morgan Securities LLC.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped notes
Underlying indexes:	S&P 500, Russell 2000
Amount:	$2,734,000
Maturity:	Oct. 30, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any gain of the lesser performing index, capped at par plus 16%; if either index declines, par plus the return of the lesser performing index, subject to a minimum payout of 95% of par
Initial values:	2,711.74 for S&P, 1,511.413 for Russell
Pricing date:	Oct. 31
Settlement date:	Nov. 5
Agent:	J.P. Morgan Securities LLC
Fees:	0.42575%
Cusip:	48130U4A0

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