New Issue: JPMorgan prices $482,000 capped buffered return enhanced notes on Russell

By Kiku Steinfeld

Chicago, Dec. 17 – JPMorgan Chase Financial Co. LLC priced $482,000 of 0% capped buffered return enhanced notes due Nov. 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.

The payout at maturity will be par plus 2 times any index gain, capped at a 22.5% return.

Investors will receive par if the index falls by up to 10% and will be exposed to any index beyond the 10% buffer.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped contingent buffered return enhanced notes
Underlying index:	Russell 2000
Amount:	$482,000
Maturity:	Nov. 30, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains, par plus 2 times return, capped at 22.5% return; par if index falls by up to 10%, otherwise, exposure to losses beyond 10% buffer
Initial index level:	1,588.943
Buffer level:	90% of initial level
Pricing date:	Nov. 22
Settlement date:	Nov. 27
Agent:	J.P. Morgan Securities LLC
Fees:	None
Cusip:	48132FS64

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