New Issue: JPMorgan sells $200,000 notes linked to basket of Stoxx, S&P, Russell

By Sarah Lizee

Olympia, Wash., Nov. 5 – JPMorgan Chase Financial Co. LLC priced $200,000 of 0% notes due Oct. 31, 2023 linked to an equally-weight basket of the Euro Stoxx 50 index, the S&P 500 index and the Russell 2000 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 plus 117% of any basket gain. If the basket falls, the payout will be par plus the return, with a minimum payout of 95% of par.

The agent is J.P. Morgan Securities LLC.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Notes
Underlying basket:	Euro Stoxx 50 index, S&P 500 index and Russell 2000 index
Amount:	$200,000
Maturity:	Oct. 31, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 117% of any basket gain; if basket declines, par plus the return, with a minimum payout of 95% of par
Initial values:	2,711.74 for S&P, 1,511.413 for Russell and 3,197.51 for Stoxx
Pricing date:	Oct. 31
Settlement date:	Nov. 5
Agent:	J.P. Morgan Securities LLC
Fees:	0.5%
Cusip:	48130U4F9

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