New Issue: JPMorgan sells $1.17 million uncapped buffered return enhanced notes on S&P 500

By Marisa Wong

Morgantown, W.Va., Jan. 28 – JPMorgan Chase & Co. priced $1.17 million of 0% uncapped buffered return enhanced notes due Jan. 31, 2020 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange.

The payout at maturity will be par plus 1.1 times any gain in the index.

Investors will receive par if the index falls by up to 15% and will be exposed to any losses beyond 15%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Uncapped buffered return enhanced notes
Underlying index:	S&P 500
Amount:	$1,173,000
Maturity:	Jan. 31, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.1 times any index gain; par if the index falls by up to 15%; exposure to any losses beyond 15%
Initial index level:	1,903.63
Pricing date:	Jan. 26
Settlement date:	Jan. 29
Agent:	J.P. Morgan Securities LLC
Fees:	0.53581%
Cusip:	48128GHG8

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