JPMorgan to price capped contingent buffered notes linked to gold

Chicago, Jan. 15 – JPMorgan Chase Financial Co. LLC plans to price 0% capped contingent buffered notes due July 24, 2020 linked to gold, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the final price of gold is greater than the initial price of gold, the payout at maturity will be par plus the percentage increase in the price of gold, subject to a maximum return of 20.55%. If the final gold price is less than the initial gold price by up to 10%, the payout will be par. If gold declines by more than 10%, investors will lose 1% for every 1% that the final gold price is less than the initial gold price.

J.P. Morgan Securities LLC is the agent.

The notes are expected to price Jan. 18 and settle on Jan. 24.

The Cusip number is 48130UPY5.

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