New Issue: JPMorgan prices $1.08 million capped buffered return notes on indexes, fund

By Wendy Van Sickle

Columbus, Ohio, Dec. 30 – JPMorgan Chase Financial Co. LLC priced $1.08 million of 0% capped buffered return enhanced notes due Dec. 28, 2018 linked to a basket containing the S&P 500 index with a 70% weight, the Russell 2000 index with a 15% weight and the iShares MSCI EAFE exchange-traded fund, with a 15% weight, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the basket finishes at or above its initial level, the payout at maturity will be par plus 2 times the basket return, capped at 17%.

If the basket falls by up to 12%, the payout will be par; otherwise, investors will lose 1% for each 1% basket decline beyond 12%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped buffered return enhanced notes
Basket components:	S&P 500 index (70% weight), Russell 2000 index (15% weight) and iShares MSCI EAFE exchange-traded fund (15% weight)
Amount:	$1,075,000
Maturity:	Dec. 28, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If basket gains, par plus 2 times return, capped at 17%; if basket falls by up to 12%, par; otherwise, 1% loss for each 1% drop beyond 12%
Initial levels:	2,260.96 for S&P, 1,362.659 for Russell and $57.53 for iShares MSCI EAFE
Contingent buffer:	12%
Pricing date:	Dec. 22
Settlement date:	Dec. 28
Agent:	J.P. Morgan Securities LLC
Fees:	0.5%
Cusip:	46646QEA9

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