New Issue: JPMorgan sells $289,000 contingent buffered notes on S&P, Russell

By Marisa Wong

Los Angeles, Oct. 12 – JPMorgan Chase Financial Co. LLC priced $289,000 of 0% capped contingent buffered return enhanced notes due March 30, 2022 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 1.25 times any gain in the lesser performing index, capped at par plus 15.5%. If either index falls but neither falls by more than 30%, the payout will be par. Otherwise, investors will be fully exposed to the decline of the lesser performing underlying from its initial value.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped contingent buffered return enhanced notes
Underlying indexes:	S&P 500 index, Russell 2000 index
Amount:	$289,000
Maturity:	March 30, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.25 times any gain in the lesser performing index, capped at par plus 15.5%; if either index falls but neither falls by more than 30%, par; otherwise, full exposure to the decline of the lesser performing index from its initial value
Initial values:	3,298.46 for S&P and 1,474.908 for Russell
Pricing date:	Sept. 25
Settlement date:	Sept. 30
Agent:	J.P. Morgan Securities LLC
Fees:	2.09905%
Cusip:	48132MQ46

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