New Issue: JPMorgan prices $1.43 million notes tied to equally weighted futures, commodity basket

By William Gullotti

Buffalo, N.Y., Dec. 2 – JPMorgan Chase Financial Co. LLC priced $1.43 million of 0% notes due Dec. 4, 2024 linked to the performance of an equally weighted basket of futures and commodities, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The basket consists of WTI crude oil futures contract, Brent crude oil futures contracts, natural gas futures contract, corn futures contract, soybeans futures contract, wheat futures contract, copper and aluminum.

The payout at maturity will be par plus basket return, subject to a minimum payout of par.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Notes
Underlying basket:	WTI crude oil futures contract, Brent crude oil futures contracts, natural gas futures contract, corn futures contract, soybeans futures contract, wheat futures contract, copper, aluminum; equal weights
Amount:	$1,425,000
Maturity:	Dec. 4, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus the basket return, subject to a minimum payout of par
Initial prices:	$78.20 for WTI, $83.03 for Brent, $7.235 for natural gas, $6.6575 for corn, $14.595 for soybeans, $7.5775 for wheat, $8,035.50 for copper, $2,341.50 for aluminum
Pricing date:	Nov. 29
Settlement date:	Dec. 2
Agent:	J.P. Morgan Securities LLC
Fees:	1%
Cusip:	48133PBQ5

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