JPMorgan Chase Issues Capped Dual Directional Buffered Equity Notes Linked to S&P 500 Index

JPMorgan Chase & Co., through its subsidiary JPMorgan Chase Financial Company LLC, has issued new notes linked to the S&P 500 Index. The Capped Dual Directional Buffered Equity Notes are designed for investors seeking a capped, unleveraged exposure to any appreciation or depreciation of the index at maturity.

The notes have a maximum upside return of 18.51% and a buffer amount of 10.00%. If the S&P 500 Index decreases by more than the buffer amount, investors will lose some or most of their principal amount at maturity.

The notes are not bank deposits, insured by the Federal Deposit Insurance Corporation, or guaranteed by a bank. The estimated value of the notes was $982.00 per $1,000 principal amount note when the terms were set.