New Issue: JPMorgan prices $4 million capped notes linked to Dow, S&P

New York, June 15 – JPMorgan Chase Financial Co. LLC priced $4 million of 0% capped notes due March 13, 2025 linked to the Dow Jones industrial average and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index gains, the payout at maturity will be par plus the return of that index, capped at par plus 21.75%.

Otherwise, investors will lose 1% for every 1% that the worst performing index declines, subject to a minimum payout of 95% of par.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped notes
Underlying indexes:	Dow Jones industrial average and S&P 500 index
Amount:	$4 million
Maturity:	March 13, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing index gains, par plus that index’s return, capped at par plus 21.75%; otherwise, 1% loss for every 1% that worst performing index declines, subject to a minimum payout of 95% of par
Initial levels:	33,876.78 for Dow Jones industrial average, 4,298.86 for S&P 500
Cap:	21.75%
Principal protection:	95%
Pricing date:	June 9
Settlement date:	June 14
Agent:	J.P. Morgan Securities LLC
Fees:	0.7%
Cusip:	48133XBW5

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