New Issue: JPMorgan prices $2 million buffered return enhanced notes linked to three tech stocks

By William Gullotti

Buffalo, N.Y., May 6 – JPMorgan Chase Financial Co. LLC priced $2 million of 0% uncapped contingent buffered return enhanced notes due May 11, 2023 linked to the stock performance of Advanced Micro Devices, Inc., Micron Technology, Inc. and Marvell Technology, Inc., 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 2.3 times any gain of the least performing stock.

Investors will receive par if the worst performer declines up to 10% and lose 1.11111% for every 1% decline of the worst performer below 10%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Uncapped contingent buffered return enhanced notes
Underlying stocks:	Advanced Micro Devices, Inc., Micron Technology, Inc., Marvell Technology, Inc.
Amount:	$1,641,000
Maturity:	May 11, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 2.3 times the gain of least performing stock; if the worst performer declines up to 10%, par; otherwise, 1.11111% loss for every 1% decline of the worst performer below 10%
Initial levels:	$90.69 for AMD, $70.12 for Micron, $60.69 for Marvell
Buffer levels:	90%% of initial levels
Pricing date:	April 25
Settlement date:	April 28
Agent:	J.P. Morgan Securities LLC
Fees:	1%
Cusip:	48133FTR6

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