New Issue: JPMorgan prices $1.64 million contingent buffer return enhanced notes tied to index, fund

By Susanna Moon

Chicago, Oct. 19 – JPMorgan Chase Financial Co. LLC priced $1.64 million of 0% contingent buffered return enhanced notes due Oct. 16, 2020 tied to the Euro Stoxx 50 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If each underlying asset finishes above its initial level, the payout at maturity will be par plus 4.15 times the gain of the worse performing component up to a maximum return of 60%.

If either component falls by up to the 30% contingent buffer, the payout will be par.

Otherwise, investors will lose 1% for each 1% decline of the worse performing index or fund.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Contingent buffered return enhanced notes
Underlying assets:	Euro Stoxx 50 index, iShares MSCI EAFE ETF
Amount:	$1,642,000
Maturity:	Oct. 16, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If each component gains, par plus 4.15 times return of worse performing component, capped at 60%; if either component falls by up to 30%, par; otherwise, 1% loss for each 1% decline of worse performing component
Initial index levels:	3,604.55 for Stoxx, $69.57 for fund
Contingent buffer:	30%
Pricing date:	Oct. 13
Settlement date:	Oct. 18
Agent:	J.P. Morgan Securities LLC
Fees:	0.58042%
Cusip:	48129HFC6

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