New Issue: JPMorgan prices $4.15 million uncapped return enhanced notes on ETF, index

By William Gullotti

Buffalo, N.Y., Oct. 29 – JPMorgan Chase Financial Co. LLC priced $4.15 million of 0% uncapped return enhanced notes due Aug. 1, 2023 linked to the least 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.

At maturity, if the least performing underlier finishes flat or gains, the payout at maturity will be par plus 1.4355 times the return of the worst performer.

If either underlier declines by up to 10%, the payout at maturity will be par. Otherwise, investors will lose 1% for every 1% decline of the worst performer beyond 10%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Uncapped return enhanced notes
Underlying assets:	iShares MSCI EAFE ETF, Euro Stoxx 50 index
Amount:	$4,149,000
Maturity:	Aug. 1, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If least performing underlier finishes flat or gains, par plus the 1.4355 times the least performing underlier return; if any underlier declines by up to 10%, par; otherwise, 1% loss for every 1% decline of worst performer beyond 10%
Initial index levels:	$79.01 for ETF, 4,064.83 for index
Buffer levels:	90% of initial levels
Pricing date:	July 27
Settlement date:	July 30
Agent:	J.P. Morgan Securities LLC
Fees:	0.65%
Cusip:	48132U7B3

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