New Issue: JPMorgan sells $4.84 million capped buffered return enhanced notes on basket

By Sarah Lizee

Olympia, Wash., Dec. 23 – JPMorgan Chase Financial Co. LLC priced $4.84 million of 0% capped buffered return enhanced notes due June 1, 2021 linked to an equally-weighted basket consisting of the S&P/ASX 200 index, the Hang Seng China Enterprises index, the Kospi 200 index and the Topix index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any basket gain, capped at par plus 18%.

Investors will receive par if the basket falls by up to 10% and will lose 1% for each 1% decline beyond the buffer.

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:	Uncapped buffered return enhanced notes
Basket components:	S&P/ASX 200 index, the Hang Seng China Enterprises index, the Kospi 200 index and the Topix index, equally weighted
Amount:	$4,837,000
Maturity:	June 1, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any basket gain, capped at par plus 18%; if basket falls by up to 10%, par; otherwise, 1% loss for each 1% decline beyond buffer
Initial index levels:	6,787.530 for S&P/ASX, 10,617.37 for Hang Seng, 281.83 for Kospi and 1,705.71 for Topix
Pricing date:	Dec. 3
Settlement date:	Dec. 6
Agent:	J.P. Morgan Securities LLC
Fees:	0.5%
Cusip:	48132FV29

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