New Issue: JPMorgan sells $1.02 million capped return enhanced notes on energy ETF

By Marisa Wong

Los Angeles, June 12 – JPMorgan Chase Financial Co. LLC priced $1,015,000 of 0% capped return enhanced notes due June 3, 2022 linked to the Energy Select Sector SPDR fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the fund return is positive, the payout at maturity will be par plus 3 times the fund gain, capped at par plus 49.5%. If the fund return is negative, investors will have one-to-one exposure to the decline.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped return enhanced notes
Underlying fund:	Energy Select Sector SPDR fund
Amount:	$1,015,000
Maturity:	June 3, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 3 times any fund gain, capped at par plus 49.5%; one-to-one exposure to any fund decline
Initial value:	$38.76
Final value:	Average of closing share prices on five trading days ending May 31, 2022
Pricing date:	May 29
Settlement date:	June 3
Agent:	J.P. Morgan Securities LLC
Fees:	1.5%
Cusip:	48132MDK4

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