New Issue: JPMorgan prices $485,000 contingent buffered notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Aug. 16 – JPMorgan Chase Financial Co. LLC priced $485,000 of 0% contingent buffered equity notes due Feb. 14, 2018 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.

If the final index level is greater than the initial index level, the payout at maturity will be par plus the index return. If the index declines by up to 18.3%, the payout will be par. If the index declines by more than 18.3%, investors will lose 1% for every 1% that the final index level is less than the initial index level.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Contingent buffered equity notes
Underlying index:	S&P 500
Amount:	$485,000
Maturity:	Feb. 14, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than initial index level, par plus index return; if index declines by up to 18.3%, par; if index declines by more than 18.3%, 1% loss for every 1% that final index level is less than initial index level
Initial index level:	2,184.05
Final index level: Average of index’s closing levels on five trading days ending Feb. 9, 2018
Pricing date:	Aug. 12
Settlement date:	Aug. 17
Agent:	J.P. Morgan Securities LLC
Fees:	1.25%
Cusip:	46646EUM2

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