New Issue: JPMorgan prices $327,000 leveraged notes with 95% floor tied to Stoxx

By Susanna Moon

Chicago, Oct. 17 – JPMorgan Chase Financial Co. LLC priced $327,000 of 0% notes due Sept. 30, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par plus 1.25 times the gain.

If the index falls by up to 5%, the payout will be par.

Otherwise, the payout will be par plus the return with a minimum payout of 95% of par.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Notes
Underlying asset:	Euro Stoxx 50 index
Amount:	$327,000
Maturity:	Sept. 30, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.25 times of any gain; if index falls by up to 5%, par; otherwise, plus return, floor of 95% of par
Initial level:	3,419.78
Pricing date:	Sept. 25
Settlement date:	Sept. 28
Agent:	J.P. Morgan Securities LLC
Fees:	3%
Cusip:	48130UEW1

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