New Issue: JPMorgan sells $1.86 million uncapped buffered return enhanced notes on basket

By Wendy Van Sickle

Columbus, Ohio, March 20 – JPMorgan Chase Financial Co. LLC priced $1.86 million of 0% uncapped buffered return enhanced notes due March 14, 2024 linked to an unequally-weighted basket consisting of the S&P 500 index with a 50% weight, the Euro Stoxx Select Dividend 30 index with a 30% weight and the S&P MidCap 400 index with a 20% weight, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.39 times any basket gain.

Investors will receive par if the basket falls by up to 20% and will lose 1% for each 1% decline beyond the buffer.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Uncapped buffered return enhanced notes
Basket components:	S&P 500 index with a 50% weight, Euro Stoxx Select Dividend 30 index with a 30% weight and S&P MidCap 400 index with a 20% weight
Amount:	$1,863,000
Maturity:	March 14, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.39 times any basket gain; if basket falls by up to 20%, par; otherwise, 1% loss for each 1% decline beyond buffer
Initial index levels:	2,746.56 for S&P, 1,522.64 for Stoxx and 1,633.64 for S&P MidCap
Buffer level:	80% of initial basket level
Pricing date:	March 9
Settlement date:	March 12
Agent:	J.P. Morgan Securities LLC
Fees:	0.75%
Cusip:	48132KEQ4

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