New Issue: JPMorgan prices $158,000 contingent buffered notes on iShares MSCI EAFE

By Marisa Wong

Morgantown, W.Va., Dec. 6 – JPMorgan Chase Financial Co. LLC priced $158,000 of 0% uncapped contingent buffered equity notes due Nov. 27, 2020 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the final fund level is greater than or equal to the initial fund level, the payout at maturity will be par plus the greater of the fund return and 37%. If the fund declines by up to 25%, the payout will be par. If the fund declines by more than 25%, investors will lose 1% for every 1% that the final fund level is less than the initial fund level.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Uncapped contingent buffered equity notes
Underlying ETF:	iShares MSCI EAFE
Amount:	$158,000
Maturity:	Nov. 27, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If final fund level is greater than or equal to initial fund level, par plus greater of fund return and 37%; if fund declines by up to 25%, par; if fund declines by more than 25%, 1% loss for every 1% that final fund level is less than initial fund level
Initial price:	$56.82
Pricing date:	Nov. 22
Settlement date:	Nov. 30
Agent:	J.P. Morgan Securities LLC
Fees:	0.61224%
Cusip:	46646E3F7

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