New Issue: JPMorgan prices $4.48 million capped notes linked to S&P, Dow

By William Gullotti

Buffalo, N.Y., Oct. 10 – JPMorgan Chase Financial Co. LLC priced $4.48 million of 0% capped notes due Sept. 5, 2024 linked to the lesser performing of the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be par plus the least performing index’s return, subject to a maximum return of par plus 13.65%.

Otherwise, investors will receive par.

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 notes
Underlying indexes:	Dow Jones industrial average, S&P 500 index
Amount:	$4,479,000
Maturity:	Sept. 5, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its initial level, par plus the least performing index’s return capped at 13.65%; otherwise, par
Initial levels:	31,790.87 for Dow, 3,986.16 for S&P
Pricing date:	Aug. 30
Settlement date:	Sept. 2
Agent:	J.P. Morgan Securities LLC
Fees:	0.75%
Cusip:	48133MNW6

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