New Issue: JPMorgan prices $1.16 million capped notes due 2021 on Russell, S&P

By Wendy Van Sickle

Columbus, Ohio, March 28 – JPMorgan Chase Financial Co. LLC priced $1.16 million of 0% capped notes due Sept. 30, 2021 linked to the lesser performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The payout at maturity will be par plus any gain of the lesser performing index, capped at par plus 15%. If either index declines, the payout will be par plus the return of the lesser performing index, subject to a minimum payout of 95% of par.

The agent is J.P. Morgan Securities LLC.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped notes
Underlying indexes:	S&P 500, Russell 2000
Amount:	$1,156,000
Maturity:	Sept. 30, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any gain of the lesser performing index, capped at par plus 15%; if either index declines, par plus the return of the lesser performing index, subject to a minimum payout of 95% of par
Initial levels:	1,528.166 for Russell and 2,818.46 for S&P 500
Pricing date:	March 26
Settlement date:	March 29
Agent:	J.P. Morgan Securities LLC
Fees:	2.35446%
Cusip:	48130W4H1

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