New Issue: JPMorgan prices $915,000 three-year review notes tied to Russell

By Sarah Lizee

Olympia, Wash., Dec. 6 – JPMorgan Chase Financial Co. LLC priced $915,000 of 0% review notes due Dec. 2, 2021 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus an annual call premium of 9% if the index closes at or above initial level on any annual review date.

If the notes are not called, the payout at maturity will be par unless the index declines by more than 5%, in which case investors will be exposed to any losses 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:	Review notes
Underlying index:	Russell 2000 index
Amount:	$915,000
Maturity:	Dec. 2, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par unless index falls by more than 5%, in which case 1% loss for each 1% decline beyond 5%
Call:	At par plus 9% annualized if index closes at or above initial level on Nov. 29, 2019, Nov. 30, 2020 or Nov. 29, 2021
Initial level:	1,530.384
Pricing date:	Nov. 28
Settlement date:	Nov. 30
Agent:	J.P. Morgan Securities LLC
Fees:	2.35%
Cusip:	48130WDC2

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