New Issue: JPMorgan sells $1.5 million 4.05% yield notes on Nasdaq, Russell, Dow

By Taylor Fox

New York, Dec. 15 – JPMorgan Chase Financial Co. LLC sold $1.5 million of 4.05% yield notes due Oct. 14, 2021 linked to the worst performing of the Nasdaq-100 index, Russell 2000 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

Interest will payable monthly.

The payout at maturity will be par unless any index closes below its trigger level, 65% of its initial level, in which case investors will lose 1% for every 1% that the least-performing index declines from its initial level.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Yield notes
Underlying indexes:	Nasdaq 100, Russell 2000 index and the Dow Jones industrial average
Amount:	$1,500,000
Maturity:	Oct. 14, 2021
Coupon:	4.05% annual rate, payable monthly; notes will pay 3.375% over the term of the notes
Price:	Par
Payout at maturity:	Par unless any index closes below its trigger level, in which case 1% loss for every 1% decline of the worst performer from its initial level
Initial levels:	12,635.72 for Nasdaq, 1,917.782 for Russell and 30,173.88 for Dow
Trigger levels:	8,213.218 for Nasdaq, 1,246.5583 for Russell and 19,613.022 for Dow, 65% of initial levels
Pricing date:	Dec. 8
Settlement date:	Dec. 11
Agent:	J.P. Morgan Securities LLC
Fees:	1.6%
Cusip:	48132PF41

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