New Issue: JPMorgan sells $628,000 contingent buffered notes on index, ETF

By Marisa Wong

Los Angeles, Oct. 12 – JPMorgan Chase Financial Co. LLC priced $628,000 of 0% uncapped contingent buffered return enhanced notes due Sept. 30, 2025 linked to the lesser performing of the iShares MSCI EAFE exchange-traded fund and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The payout at maturity will be par plus 1.85 times any gain in the lesser performing underlying. If either underlying falls but neither falls by more than 30%, the payout will be par. Otherwise, investors will be fully exposed to the decline of the lesser performing underlying from its initial value.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Uncapped contingent buffered return enhanced notes
Underlying assets:	iShares MSCI EAFE ETF and Euro Stoxx 50 index
Amount:	$628,000
Maturity:	Sept. 30, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.85 times any gain in the lesser performing underlying; if either underlying falls but neither falls by more than 30%, par; otherwise, full exposure to the decline of the lesser performing underlying from its initial value
Initial values:	$63.08 for ETF and 3,137.06 for index
Pricing date:	Sept. 25
Settlement date:	Sept. 30
Agent:	J.P. Morgan Securities LLC
Fees:	3.77946%
Cusip:	48132MQ95

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