New Issue: JPMorgan sells $3.79 million capped return enhanced notes on S&P 500

By Marisa Wong

Los Angeles, Sept. 1 – JPMorgan Chase Financial Co. LLC priced $3.79 million 0% capped return enhanced notes due Oct. 29, 2021 linked to the S&P 500 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 3 times any index gain, capped at par plus 13.5%. Investors will be fully exposed to losses.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped return enhanced notes
Underlying index:	S&P 500
Amount:	$3,792,000
Maturity:	Oct. 29, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 3 times any index gain, capped at par plus 13.5%; full exposure to any index decline
Initial level:	3,478.73
Pricing date:	Aug. 26
Settlement date:	Aug. 31
Agent:	J.P. Morgan Securities LLC
Fees:	2.35%
Cusip:	48132M6T3

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