New Issue: JPMorgan sells $1.12 million uncapped accelerated barrier notes on index basket

By William Gullotti

Buffalo, N.Y., June 30 – JPMorgan Chase Financial Co. LLC priced $1.12 million of 0% uncapped accelerated barrier notes due Dec. 21, 2026 linked to an equally weighted basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index, the Russell 2000 index and the Euro Stoxx 50 index.

The notes are guaranteed by JPMorgan Chase & Co.

If the basket finishes at or above its initial level, the payout at maturity will be par plus 1.114 times the return.

If the basket declines but finishes at or above the 70% barrier level, the payout will be par.

Otherwise, investors will be fully exposed to the decline of the basket from its initial level.

The agent is J.P. Morgan Securities LLC.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Uncapped accelerated barrier notes
Underlying basket:	S&P 500 index, Russell 2000 index, Euro Stoxx 50 index; equal weights
Amount:	$1,117,000
Maturity:	Dec. 21, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If the basket finishes at or above its initial level, par plus 1.114 times the return of the basket; if the basket declines no farther than the barrier level, par; otherwise, investors will be fully exposed to the decline of the basket from its initial level
Initial index levels:	4,668.67 for S&P, 2,152.455 for Russell, 4,201.87 for Stoxx
Barrier level:	70% of initial level
Pricing date:	Dec. 16, 2021
Settlement date:	Dec. 21, 2021
Agent:	J.P. Morgan Securities LLC
Fees:	1.12332%
Cusip:	48133CBH4

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