New Issue: JPMorgan prices $1.51 million capped notes linked to SPDR Gold Trust

By Kiku Steinfeld

Chicago, Oct. 15 – JPMorgan Chase Financial Co. LLC priced $1.51 million of 0% capped notes due Oct. 1, 2021 linked to the SPDR Gold Trust, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund return is positive, the payout at maturity will be par plus the fund return, subject to a maximum return of 21.5%. If the fund return is negative, investors will be exposed to the decline, subject to a minimum payout of $850 per $1,000 principal amount of notes.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped notes
Underlying fund:	SPDR Gold Trust
Amount:	$1,512,000
Maturity:	Oct. 1, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If fund return is positive, par plus fund return, subject to maximum return of 21.5%; if fund return is negative, exposure to decline, subject to minimum payout of $850 per $1,000 principal amount of notes
Initial level:	$178.19
Pricing date:	Sept. 28
Settlement date:	Sept. 30
Agent:	J.P. Morgan Securities LLC
Fees:	None
Cusip:	48132PFE9

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