New Issue: JPMorgan prices $3.71 million capped gears linked to Hang Seng

By Angela McDaniels

Tacoma, Wash., Feb. 12 – JPMorgan Chase Financial Co. LLC priced $3.71 million of 0% capped gears due May 13, 2020 linked to the Hang Seng index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the index return is greater than zero, the payout at maturity will be par of $10 plus two times the index return, subject to a maximum gain of 32%. If the index return is negative, investors will be exposed to the index’s decline.

UBS Financial Services Inc. and J.P. Morgan Securities LLC are the agents.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped gears
Underlying index:	Hang Seng
Amount:	$3,705,000
Maturity:	May 13, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is greater than zero, par plus two times index return, subject to 32% maximum gain; if index return is negative, exposure to decline
Initial index level:	27,964.32
Pricing date:	Feb. 8
Settlement date:	Feb. 13
Agents:	UBS Financial Services Inc. and J.P. Morgan Securities LLC
Fees:	2%
Cusip:	48130X588

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