New Issue: JPMorgan sells $4.17 million capped buffered return notes on S&P 500, ETF basket

By Wendy Van Sickle

Columbus Ohio, Sept. 13 – JPMorgan Chase Financial Co. LLC priced $4.17 million of 0% capped buffered return enhanced notes due Aug. 31, 2020 linked to an equally weighted basket of the iShares MSCI EAFE ETF and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the basket finishes above its initial value, the payout at maturity will be par plus 1.25 times the gain, with the payout capped at par plus 18.25%.

If the basket finishes flat or declines by up to 15%, the payout will be par. Investors will be exposed to any losses beyond 15%.

The agent is J.P. Morgan Securities LLC.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped buffered return enhanced notes
Basket components:	S&P 500 index, iShares MSCI EAFE ETF, equal weights
Amount	$4,165,000
Maturity:	Aug. 31, 2020
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus 1.25 times any basket gain, capped at par plus 18.25%; par if basket declines by up to 15%; exposure to losses beyond 15%
Initial values:	2,901.52 for index, $67.34 for ETF
Pricing date:	Aug. 31
Settlement date:	Sept. 6
Agent:	J.P. Morgan Securities LLC
Fees:	0.6%
Cusip:	48130UBA2

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