New Issue: JPMorgan sells $4.43 million capped buffered enhanced participation notes on Russell

By Sarah Lizee

Olympia, Wash., July 5 – JPMorgan Chase Financial Co. LLC priced $4.43 million of 0% capped buffered enhanced participation equity notes due June 30, 2021 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the index return is positive, the payout at maturity will be par plus 3 times the index return, subject to a maximum settlement amount of $1,181.50 per $1,000 of notes. Investors will receive par if the index declines by 10% or less and will lose 1.1111% for every 1% that it declines beyond 10%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped buffered enhanced participation equity notes
Underlying index:	Russell 2000
Amount:	$4,433,000
Maturity:	June 30, 2021
Coupon: 0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 3 times the index return, capped at $1,181.50 per $1,000 of notes; par if the index declines by 10% or less; 1.1111% loss for every 1% that it declines beyond 10%
Initial level:	1,546.55
Pricing date:	June 27
Settlement date:	July 5
Agent:	J.P. Morgan Securities LLC
Fees:	2%
Cusip:	48132CVT7

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