New Issue: JPMorgan prices $4.85 million capped notes due 2021 linked to S&P

By Sarah Lizee

Olympia, Wash., Oct. 10 – JPMorgan Chase Financial Co. LLC priced $4.85 million of 0% capped notes due Oct. 7, 2021 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.

The payout at maturity will be par plus any index gain, capped at par plus 11%. If the index finishes flat or falls, the payout will be par plus the index return, subject to a minimum payout of 95% of par.

The agent is J.P. Morgan Securities LLC.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped notes
Underlying index:	S&P 500
Amount:	$4,853,000
Maturity:	Oct. 7, 2021
Coupon: 0%
Price:	Par
Payout at maturity:	Par plus any index gain, capped at par plus 11%; if index finishes flat or falls, par plus the index return, subject to a minimum payout of 95% of par
Initial value:	2,910.63
Pricing date:	Oct. 3
Settlement date:	Oct. 8
Agent:	J.P. Morgan Securities LLC
Fees:	0.5%
Cusip:	48132FVJ2

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