New Issue: JPMorgan sells $7.8 million trigger jump notes on Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, Dec. 19 – JPMorgan Chase Financial Co. LLC priced $7.8 million of 0% trigger jump securities due Jan. 3, 2020 linked to 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 the final index level is at least equal to the initial index level, the payout at maturity will be par of $10 plus the upside payment of 27.5%.

If the final index level is less than the initial level but at least equal to the 90% trigger level, investors will receive par. Otherwise, investors will be fully exposed to the index’s decline from its initial level.

J.P. Morgan Securities LLC is the agent with Morgan Stanley Smith Barney LLC handling distribution.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Trigger jump securities
Underlying index:	Euro Stoxx 50
Amount:	$7,796,840
Maturity:	Jan. 3, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If the final index level is greater than or equal to initial level, par plus 27.5%; if the final index level is less than initial level but at least equal to trigger level, par; otherwise, full exposure to the index’s decline from its initial level
Initial level:	3,560.53
Trigger level:	3,204.477, 90% of initial level
Pricing date:	Dec. 15
Settlement date:	Dec. 20
Agent:	J.P. Morgan Securities LLC
Distribution:	Morgan Stanley Smith Barney LLC
Fees:	2.5%
Cusip:	48129K712

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