New Issue: JPMorgan sells $984,000 contingent buffered notes linked to two indexes

By Susanna Moon

Chicago, July 26 – JPMorgan Chase Financial Co. LLC priced $984,000 of 0% contingent buffered equity notes due July 27, 2021 linked to 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.

If each index finishes above its 70% threshold level, the payout at maturity will be par plus the greater of the contingent minimum return of 43% and any gain of the worse performing index.

If either index falls by more than the contingent buffer, investors will be fully exposed to any losses of the worse performing index.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Contingent buffered equity notes
Underlying indexes:	S&P 500 and Russell 2000
Amount:	$984,000
Maturity:	July 27, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes above its threshold level, par plus greater of 43% and any gain of the worse performing index; if either index falls by more than 30%, full exposure to any losses of worse performing index
Initial levels:	2,175.03 for S&P, 1,212.889 for Russell
Contingent buffer:	30%
Pricing date:	July 22
Settlement date:	July 27
Agent:	J.P. Morgan Securities LLC
Fees:	0.75%
Cusip:	46646EQD7

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