New Issue: JPMorgan prices $8.65 million buffered PLUS linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Sept. 2 – JPMorgan Chase Financial Co. LLC priced $8.65 million of 0% buffered Performance Leveraged Upside Securities due March 5, 2019 linked to the S&P 500 index, according to a 424B2 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 of $10 plus double the index return, subject to a maximum return of 18%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

J.P. Morgan Securities LLC is the agent. Distribution is through Morgan Stanley Wealth Management.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Buffered Performance Leveraged Upside Securities
Underlying index:	S&P 500
Amount:	$8,651,750
Maturity:	March 5, 2019
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus 200% of index return, subject to 18% maximum return; par if index drops 10% or less; 1% loss for every 1% decline beyond 10%
Initial index level:	2,170.95
Pricing date:	Aug. 31
Settlement date:	Sept. 6
Agent:	J.P. Morgan Securities LLC
Distribution:	Morgan Stanley Wealth Management
Fees:	3%
Cusip:	46646X787

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