New Issue: JPMorgan prices $7.48 million enhanced participation notes on metals ETF

By Kiku Steinfeld

Chicago, June 14 – JPMorgan Chase Financial Co. LLC priced $7.48 million of 0% capped enhanced participation notes due June 22, 2022 linked to the SPDR S&P Metals & Mining ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the fund return is positive, the payout at maturity will be par plus two times the fund gain, up to a maximum settlement amount of $1,347 per $1,000 principal amount of notes. If the fund return is negative, investors will be fully exposed to the decline.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped enhanced participation notes
Underlying fund:	SPDR S&P Metals & Mining ETF
Amount:	$7.48 million
Maturity:	June 22, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If fund return is positive, par plus two times gain, up to maximum settlement amount of $1,347 per $1,000 principal amount of notes; if fund return is negative, full exposure to decline
Initial price:	$46.31
Pricing date:	May 18
Settlement date:	May 25
Agent:	J.P. Morgan Securities LLC
Fees:	1.09%
Cusip:	48132TV60

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