New Issue: JPMorgan prices $3.58 million capped gears linked to basket of indexes

By William Gullotti

Buffalo, N.Y., Feb. 7 – JPMorgan Chase Financial Co. LLC priced $3.58 million of 0% capped gears due May 31, 2022 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The basket consists of the Euro Stoxx 50 index with a 40% weight, the Nikkei 225 index with a 25% weight, the FTSE 100 index with a 17.5% weight, the Swiss Market index with a 10% weight and the S&P/ASX 200 index with a 7.5% weight.

The payout at maturity will be par of $10 plus triple any basket gain, up to a maximum return of 14.6%.

Investors will be exposed to any losses.

J.P. Morgan Securities LLC and UBS Financial Services Inc. are the agents.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped gears
Underlying indexes:	Euro Stoxx 50 (40% weight), Nikkei 225 (25% weight), FTSE 100 (17.5% weight), Swiss Market (10% weight) and S&P/ASX 200 (7.5% weight)
Amount:	$3,577,000
Maturity:	May 31, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus triple any basket gain, capped at 14.6%; 1% loss per 1% decline
Initial levels:	3,993.43 for Stoxx, 6,983.50 for FTSE, 29,642.69 for Nikkei, 11,198.70 for Swiss Market, 7,058.623 for S&P/ASX
Pricing date:	April 15
Settlement date:	April 20
Underwriters:	J.P. Morgan Securities LLC and UBS Financial Services Inc.
Fees:	2%
Cusip:	48132V366

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