New Issue: JPMorgan prices $9.94 million trigger gears linked to S&P 500, Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, March 15 – JPMorgan Chase Financial Co. LLC priced $9.94 million 0% trigger gears due March 16, 2023 linked to the lesser performing of the S&P 500 index 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.

The payout at maturity will be par of $10 plus 3.2 times any gain in the lesser performing index.

Investors will receive par if the lesser performing index falls by up to 40% and will be fully exposed to any losses if that index finishes below its 60% downside threshold.

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

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Trigger gears
Underlying indexes:	Euro Stoxx 50, S&P 500
Amount:	$9,941,000
Maturity:	March 16, 2023
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 3.2 times any gain of laggard index; par if laggard index falls by up to 40% and full exposure to any losses of laggard index if it finishes below downside threshold
Initial levels:	3,397.35 for Stoxx, 2,765.31 for S&P
Downside threshold:	2,038.41 for Stoxx, 1,659.19 for S&P, 60% of initial level
Pricing date:	March 13
Settlement date:	March 16
Agents:	UBS Financial Services Inc. and J.P. Morgan Securities LLC
Fees:	3.5%
Cusip:	06746Q223

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