New Issue: JPMorgan prices $750,000 uncapped buffered equity notes linked to indexes

By Sarah Lizee

Olympia, Wash., March 17 – JPMorgan Chase Financial Co. LLC priced $750,000 of 0% uncapped buffered equity notes due March 11, 2025 linked to the lesser performing of the S&P 500 index, Dow Jones industrial average and Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the final level of each index is greater than or equal to its initial level, the payout at maturity will be par plus the least performing index’s return.

If any index falls by up to 30.05%, the payout will be par.

Otherwise, investors will lose 1% for every 1% that the least performing index declines beyond 30.05%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Uncapped buffered equity notes
Underlying indexes:	S&P 500 index, Dow Jones industrial average and Nasdaq-100 index
Amount:	$750,000
Maturity:	March 11, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If the final level of each index is greater than or equal to its initial level, par plus the least performing index’s return; if any index falls by up to 30.05%, par; 1% for every 1% that the least performing index declines beyond 30.05%
Initial levels:	2,972.37 for S&P, 8,530.337 for Nasdaq, 25,864.78 for Dow
Buffer levels:	69.95% of initial levels
Pricing date:	March 6
Settlement date:	March 11
Agent:	J.P. Morgan Securities LLC
Fees:	4.125%
Cusip:	48132KDX0

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