New Issue: JPMorgan prices $234,000 capped notes due 2024 linked to basket

By Wendy Van Sickle

Columbus, Ohio, Aug. 5 – JPMorgan Chase Financial Co. LLC priced $234,000 of 0% capped notes due July 31, 2024 linked to an equally weighted basket of the S&P 500 index, the Russell 2000 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 plus any basket gain, capped at par plus 70%. If the basket finishes flat or falls, the payout will be par plus the basket return, subject to 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:	Capped notes
Underlying basket:	Euro Stoxx 50 index, S&P 500 index and Russell 2000 index, equal weights
Amount:	$234,000
Maturity:	July 31, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any basket gain, capped at par plus70%; if basket finishes flat or falls, par plus the basket return, subject to a minimum payout of 95% of par
Initial value:	3,466.85 for Stoxx, 2,980.38 for S&P and 1,574.605 for Russell
Pricing date:	July 31
Settlement date:	Aug. 5
Agent:	J.P. Morgan Securities LLC
Fees:	0.69498%
Cusip:	48132C3S0

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