New Issue: JPMorgan sells $3.92 million contingent buffered return notes on indexes

By Tali Rackner

Minneapolis, April 16 – JPMorgan Chase Financial Co. LLC priced $3.92 million of 0% uncapped contingent buffered return enhanced notes due April 9, 2021 linked to the Russell 2000 index 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 each index finishes above its initial level, the payout at maturity will be par plus 1.3 times the return of the lesser-performing index.

If either index falls by up to 30%, the payout will be par.

Otherwise, investors will lose 1% for each 1% decline of the lesser-performing index.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Uncapped contingent buffered return enhanced notes
Underlying indexes:	Russell 2000, S&P 500
Amount:	$3,923,000
Maturity:	April 9, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If each index gains, par plus 1.3 times return of lesser-performing index; if either index falls by up to 30%, par; otherwise, 1% loss per 1% decline of lesser-performing index
Initial index levels:	1,513.297 for Russell, 2,604.47 for S&P
Pricing date:	April 6
Settlement date:	April 11
Agent:	J.P. Morgan Securities LLC
Fees:	3.5%
Cusip:	48129MMD5

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