New Issue: JPMorgan sells $5.66 million capped buffered return enhanced notes tied to index, ETF basket

By Wendy Van Sickle

Columbus, Ohio, June 15 – JPMorgan Chase Financial Co. LLC priced $5.66 million of 0% capped buffered return enhanced notes due June 16, 2021 linked to a basket of indexes and an exchange traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 65% weight, the iShares MSCI EAFE ETF with a 25% weight and the iShares MSCI Emerging Markets ETF with a 10% weight.

The payout at maturity will be par plus 1.5 times any basket gain, up to a maximum payout of par plus 30.25%.

Investors will receive par if the basket falls by up to 20% and will lose 1.25% for each 1% decline beyond the buffer.

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 buffered return enhanced notes
Basket components:	S&P 500 index (65% weight), iShares MSCI EAFE ETF (25% weight), iShares MSCI Emerging Markets ETF (10% weight)
Amount:	$5,664,000
Maturity:	June 16, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any basket gain up to maximum payout of par plus 30.25%; if basket falls by up to 20%, par; otherwise, 1.25% loss for each 1% decline beyond 20%
Initial index levels:	2,782.0 for S&P, $46.33 for Emerging Markets, $70.86 for EAFE
Pricing date:	June 11
Settlement date:	June 14
Agent:	J.P. Morgan Securities LLC
Fees:	0.75%
Cusip:	48129M2H8

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