New Issue: JPMorgan prices $205,000 capped return enhanced notes linked to Russell

By Sarah Lizee

Olympia, Wash., March 3 – JPMorgan Chase Financial Co. LLC priced $205,000 of 0% capped return enhanced notes due Aug. 31, 2021 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus three times the index return, subject to a maximum return of 14.5%. If the index return is negative, investors will be exposed to the index’s decline.

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 return enhanced notes
Underlying index:	Russell 2000
Amount:	$205,000
Maturity:	Aug. 31, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus three times any index gain, up to 14.5% maximum return; exposure to any index decline
Initial level:	1,571.897
Pricing date:	Feb. 25
Settlement date:	Feb. 28
Agent:	J.P. Morgan Securities LLC
Fees:	2.25%
Cusip:	48132H7F3

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