New Issue: JPMorgan sells $700,000 notes on S&P Economic Cycle Factor Rotator

By Marisa Wong

Morgantown, W.Va., July 30 – JPMorgan Chase Financial Co. LLC priced $700,000 of 0% notes due July 28, 2023 linked to the S&P Economic Cycle Factor Rotator index, according to a 424B2 with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The payout at maturity will be par plus the index return, subject to a minimum payout of par plus 10.1%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Notes
Underlying index:	S&P Economic Cycle Factor Rotator index
Amount:	$700,000
Maturity:	July 28, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus index return, subject to floor of par plus 10.1%
Initial level:	397.388
Pricing date:	July 25
Settlement date:	July 30
Agent:	J.P. Morgan Securities LLC
Fees:	3.625%
Cusip:	48129MQ74

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