New Issue: JPMorgan prices $24.84 million capped notes linked to gold

By Angela McDaniels

Tacoma, Wash., Oct. 7 – JPMorgan Chase Financial Co. LLC priced $24.84 million of 0% capped notes due Oct. 9, 2020 linked to the price of gold, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the percentage change in the price of gold, subject to a minimum payout of $850 and a maximum payout of $1,440 per $1,000 principal amount of notes.

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:	Capped notes
Underlying commodity:	Gold
Amount:	$24,843,000
Maturity:	Oct. 9, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus percentage change in price of gold, subject to minimum payout of $850 and maximum payout of $1,440 per $1,000 principal amount of notes
Initial price:	$1,517.10
Pricing date:	Oct. 3
Settlement date:	Oct. 8
Agent:	J.P. Morgan Securities LLC
Fees:	None
Cusip:	48130USF3

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