New Issue: JPMorgan sells $65.36 million capped enhanced participation equity notes on S&P

By Wendy Van Sickle

Columbus, Ohio, Sept. 19 – JPMorgan Chase Financial Co. LLC priced $65.36 million of 0% capped enhanced participation equity notes due Oct. 17, 2024 linked to 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 the index return is greater than the initial level, the payout at maturity will be par plus 150% of the index return, subject to a maximum settlement amount of par plus 18.645%.

Investors will be fully exposed to any index decline.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped enhanced participation equity notes
Underlying index:	S&P 500 index
Amount:	$65,364,000
Maturity:	Oct. 17, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains, par plus 150% of the gain, capped at par plus 18.645%; if the index is flat or declines, one-to-one exposure to decline
Initial level:	4,461.9
Pricing date:	Sept. 12
Settlement date:	Sept. 19
Agent:	J.P. Morgan Securities LLC
Fees:	0.93%
Cusip:	48134AZA6

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