New Issue: JPMorgan prices $250,000 capped buffered return enhanced notes on Stoxx, EAFE ETF

By Kiku Steinfeld

Chicago, May 23 – JPMorgan Chase Financial Co. LLC priced $250,000 of 0% capped buffered return enhanced notes due Oct. 18, 2024 linked to the Euro Stoxx 50 index and iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing asset gains, the payout at maturity will be par plus 130% of the return of the worst performing asset capped at par plus 26%. The payout will be par if the worst performing asset declines but by no more than the 30% buffer. Investors will lose 1% for every 1% that the worst performing asset declines beyond the buffer.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped buffered return enhanced notes
Underlying assets:	Euro Stoxx 50 index and iShares MSCI EAFE ETF
Amount:	$250,000
Maturity:	Oct. 18, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing asset gains, par plus 130% of worst performing asset return capped at par plus 26%; par if worst performing asset declines but by no more than 30% buffer; 1% loss for every 1% that worst performing asset declines beyond the buffer
Initial levels:	4,182.91 for index, $79.98 for fund
Upside leverage:	130%
Cap:	26%
Buffers:	30%
Pricing date:	Oct. 15, 2021
Settlement date:	Oct. 20, 2021
Agent:	J.P. Morgan Securities LLC
Fees:	0.7%
Cusip:	48132YCR4

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