New Issue: JPMorgan sells $259,000 trigger gears on Dow equal weight index

By Marisa Wong

Morgantown, W.Va., Feb. 5 – JPMorgan Chase Financial Co. LLC priced $259,000 of 0% trigger gears due Jan. 29, 2021 linked to the Dow Jones industrial average equal weight index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the index return is greater than zero, the payout at maturity will be par of $10 plus 1.24 times the index return. Investors will receive par if the index declines by 20% or less and have one-to-one exposure to the index’s decline from its initial level if it declines by more than 20%.

UBS Financial Services Inc. and J.P. Morgan Securities LLC are the agents.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Trigger gears
Underlying index:	Dow Jones industrial average equal weight index
Amount:	$259,000
Maturity:	Jan. 29, 2021
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If the index return is greater than zero, par plus 1.24 times index gain; par if index declines by 20% or less; one-to-one exposure to index’s decline from its initial level if it declines by more than 20%
Initial level:	8,471.48
Downside threshold:	6,777.18, 80% of initial level
Pricing date:	Jan. 26
Settlement date:	Jan. 31
Agents:	UBS Financial Services Inc. and J.P. Morgan Securities LLC
Fees:	None
Cusip:	48129K456

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