New Issue: JPMorgan prices $1.21 million of uncapped contingent buffered notes on index, ETF basket

By Wendy Van Sickle

Columbus, Ohio, Feb. 1 – JPMorgan Chase Financial Co. LLC priced $1.21 million of uncapped contingent buffered return enhanced notes due Feb. 2, 2024 linked to a basket containing the S&P 500 index with a 40% weight, the Russell 2000 index with a 20% weight, the Euro Stoxx 50 index with a 20% weight and the iShares MSCI Emerging Markets ETF with a 20% weight, according to a 424B2 filing with the Securities and Exchange Commission.

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 1.435 times the gain.

Investors will receive par if the basket falls by up to 40% and will lose 1% for each 1% decline from the initial level if the basket falls by more than 40%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Uncapped contingent buffered return enhanced notes
Underlying basket:	S&P 500 index (20% weight), Russell 2000 index (20% weight), Euro Stoxx 50 index (20% weight) and iShares MSCI Emerging Markets ETF (20% weight)
Amount:	$1,205,000
Maturity:	Feb. 2, 2024
Price:	Par
Payout at maturity:	Par plus 1.435 times the gain if basket finishes above its initial level; par if the basket falls by up to 40%; otherwise, 1% loss for each 1% decline from initial level
Initial levels:	2,681.05 for S&P, 3,161.74 for Stoxx, 1,486.942 for Russell, $42.74 for ETF
Pricing date:	Jan. 30
Settlement date:	Feb. 4
Agent:	J.P. Morgan Securities LLC
Fees:	1.125%
Cusip:	48130WTU5

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