New Issue: JPMorgan prices $1.22 million return notes on November 2017 WTI crude futures

By Tali Rackner

Norfolk, Va., March 30 – JPMorgan Chase & Co. priced $1.22 million of 0% return notes due Oct. 20, 2017 linked to the November 2017 WTI crude oil futures contract, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the return and $0.80 for each $1,000 principal amount.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Return notes
Underlying index:	November 2017 WTI crude oil futures contract
Amount:	$1,215,000
Maturity:	Oct. 20, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus return and $0.80 for each $1,000 principal amount
Initial price:	$45.70
Pricing date:	March 24
Settlement date:	March 28
Agent:	J.P. Morgan Securities LLC
Fees:	1%
Cusip:	48125U3F7

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