New Issue: JPMorgan sells $2.45 million buffered enhanced participation notes on index basket

By Wendy Van Sickle

Columbus, Ohio, Oct. 27 – JPMorgan Chase Financial Co. LLC priced $2.45 million of 0% buffered enhanced participation notes due Oct. 22, 2024 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 26% weight, the FTSE 100 index with a 17% weight, the Swiss Market index with an 12% weight and the S&P/ASX 200 index with an 9% weight.

If the basket return is positive, the payout at maturity will be par plus 1.59 times the basket return.

Investors will receive par if the basket declines by 10% or less and will lose 1.1111% for every 1% that it declines beyond 10%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Buffered enhanced participation notes
Underlying basket:	Euro Stoxx 50 (36% weight), Topix (26% weight), FTSE 100 (17% weight), Swiss Market (12% weight) and S&P/ASX 200 (9% weight)
Amount:	$2,451,000
Maturity:	Oct. 22, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus 1.59 times basket return; par if basket declines by 10% or less; 1.1111% loss for every 1% that basket declines beyond 10%
Initial levels:	3,463.83 for Stoxx, 1,901.44 for Topix, 6,936.74 for FTSE, 10,578.76 for Swiss Market, 6,779.217 for S&P/ASX
Pricing date:	Oct. 18
Settlement date:	Oct. 25
Agent:	J.P. Morgan Securities LLC
Fees:	2%
Cusip:	48133NF45

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