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Published on 5/9/2019 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $554,000 notes on basket of Russell, Stoxx, S&P

By Wendy Van Sickle

Columbus, Ohio, May 9 – JPMorgan Chase Financial Co. LLC priced $554,000 of 0% notes due April 30, 2024 linked to an equally weighted basket consisting of the S&P 500 index, the Russell 2000 index and Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The payout at maturity will be par plus 1.02 times any basket gain. Investors will be exposed to the first 5% of any basket loss.

The agent is J.P. Morgan Securities LLC.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Notes
Underlying basket:S&P 500 index, Russell 2000 index, Euro Stoxx 50 index; equally weighted
Amount:$554,000
Maturity:April 30, 2024
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.02 times basket gain; exposure to first 5% of losses, subject to floor of 95% of par
Initial values:2,945.83 for S&P, 1,591.211 for Russell and 3,514.62 for Stoxx
Pricing date:April 30
Settlement date:May 3
Agent:J.P. Morgan Securities LLC
Fees:0.98172%
Cusip:48130WV65

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