New Issue: JPMorgan sells $520,000 capped contingent buffered equity notes on indexes

By Wendy Van Sickle

Columbus, Ohio, Oct. 13 – JPMorgan Chase Financial Co. LLC priced $520,000 of 0% capped contingent buffered equity notes due April 4, 2022 linked to the least performing of the Nasdaq-100 index, the Dow Jones industrial average and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If each index finishes at or above its initial level, the payout will be par plus the return of the least performing index, capped at par plus 19%.

If any index declines by up to 40%, the payout will be par.

If any index finishes below 60% of its initial level, the payout will be par plus the return of the least performing index, with full exposure to the decline.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped contingent buffered equity notes
Underlying assets:	Nasdaq-100 index, Dow Jones industrial average, S&P 500 index
Amount:	$520,000
Maturity:	April 4, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its initial level, par plus the return of the least performing index, capped at par plus 19%; if any index declines by up to 40%, par; if any index finishes below 60% of its initial level, full exposure to the decline of the least performing index
Initial levels:	27,781.7 for Dow, 11,418.06 for Nasdaq, and 3,363.0 for S&P
Pricing date:	Sept. 30
Settlement date:	Oct. 5
Agent:	J.P. Morgan Securities LLC
Fees:	2.225%
Cusip:	48132PCH1

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