JPMorgan pushes back pricing buffered return notes linked S&P 500

By Susanna Moon

Chicago, Jan. 11 – JPMorgan Chase Financial Co. LLC postponed pricing of its 0% capped buffered return enhanced notes due May 17, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will now price on Jan. 13, instead of on Jan. 12, and settle on Jan. 18.

As previously announced, the payout at maturity will be par plus 2.5 times any index gain, up to a maximum return of at least 14.1%. The exact cap will be set at pricing.

Investors will receive par if the index falls by up to 5% and will lose 1% for each 1% decline beyond 5%.

J.P. Morgan Securities LLC is the agent.

The notes will be guaranteed by JPMorgan Chase & Co.

The Cusip number is 46646QTC9.

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