New Issue: JPMorgan sells $27,000 dual directional contingent buffered notes tied to Euro Stoxx 50

By Susanna Moon

Chicago, Dec. 29 – JPMorgan Chase & Co. priced $27,000 of 0% dual directional contingent buffered return enhanced notes due Dec. 31, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.

If the index finishes above its initial level, the payout at maturity will be par plus 1.2 times the index gain, up to a maximum return of 50%.

If the index falls by up to 35%, the payout will be par plus the absolute value of the return.

Otherwise, the payout will be par plus the return, with full exposure to any losses.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Dual directional contingent buffered return enhanced notes
Underlying index:	Euro Stoxx 50
Amount:	$27,000
Maturity:	Dec. 31, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains, par plus 1.2 times the return, capped at 50%; if index falls by up to 35%, par plus absolute value of return; otherwise, par plus the return, with full exposure to any losses
Initial level:	3,286.68
Contingent buffer:	35%
Pricing date:	Dec. 23
Settlement date:	Dec. 31
Agent:	J.P. Morgan Securities LLC
Fees:	0.65741%
Cusip:	48128GEZ9

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