New Issue: JPMorgan prices $1.94 million capped enhanced participation notes tied to S&P 500

By Devika Patel

Knoxville, Tenn., July 11 – JPMorgan Chase Financial Co. LLC priced $1.94 million of 0% capped enhanced participation equity notes due Oct. 12, 2017 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.

If the index return is positive, the payout at maturity will be par plus triple the index return, subject to a maximum payout of $1,191.10 for each $1,000 of notes. If the index return is negative, investors will lose 1% for each 1% decline.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped enhanced participation equity notes
Underlying index:	S&P 500
Amount:	$1,942,000
Maturity:	Oct. 12, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus triple the return, up to maximum settlement amount of $1,191.10 per $1,000 of notes; if index return is negative, 1% loss for each 1% decline
Initial index level:	2,097.90
Pricing date:	July 7
Settlement date:	July 14
Agent:	J.P. Morgan Securities LLC
Fees:	None
Cusip:	46646EMY5

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