New Issue: JPMorgan sells $2.47 million uncapped accelerated barrier notes on EAFE ETF, Stoxx 50

By William Gullotti

Buffalo, N.Y., July 21 – JPMorgan Chase Financial Co. LLC priced $2.47 million of 0% uncapped accelerated barrier notes due May 30, 2025 linked to the lesser performing of the iShares MSCI EAFE ETF 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.

If each asset finishes at or above its initial level, the payout at maturity will be par plus 1.55 times the return of the worst performing asset.

If either asset falls but each asset finishes at or above the 70% barrier level, the payout will be par.

Otherwise, investors will be fully exposed to the decline of the worst performing asset.

The agent is J.P. Morgan Securities LLC.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Uncapped accelerated barrier notes
Underlying assets:	iShares MSCI EAFE ETF, Euro Stoxx 50 index
Amount:	$2,467,000
Maturity:	May 30, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If each asset finishes at or above its initial level, par plus 1.55 times the return of the worst performing asset; if either asset falls but all assets finish at or above the barrier level, par; otherwise, investors will be fully exposed to the decline of the worst performing asset
Initial levels:	$80.64 for ETF, 4,039.21 for Stoxx
Barrier levels:	$56.448 for ETF, 2,827.447 for Stoxx; 70% of initial levels
Pricing date:	May 27
Settlement date:	June 2
Agent:	J.P. Morgan Securities LLC
Fees:	0.3336 %
Cusip:	48132T4W3

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