New Issue: JPMorgan prices $1.09 million uncapped buffered return enhanced notes on S&P 500

By Marisa Wong

Madison, Wis., June 1 – JPMorgan Chase & Co. priced $1.09 million of uncapped buffered enhanceed notes due May 31, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.025 times any index gain.

Investors will receive par if the index falls by up to 15% and will lose 1% for every 1% decline beyond the 15% buffer.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Uncapped buffered return enhanced notes
Underlying index:	S&P 500
Amount:	$1,085,000
Maturity:	May 31, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.025 times any index gain; par if the index falls by up to 15%; 1% loss for every 1% drop beyond 15%
Initial index level:	2,104.20
Pricing date:	May 26
Settlement date:	May 29
Agent:	J.P. Morgan Securities LLC
Fees:	0.17281%
Cusip:	48125UQD7

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