New Issue: JPMorgan prices $1.05 million capped buffered return enhanced notes on index, ETF

By William Gullotti

Buffalo, N.Y., June 20 – JPMorgan Chase Financial Co. LLC priced $1.05 million of 0% capped buffered return enhanced notes due June 18, 2026 linked to the performance of the Euro Stoxx 50 index and the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If each underlier finishes above its initial level, the payout at maturity will be par plus 175% of the least performing underlier’s return, subject to a maximum upside return of par plus 103.05%.

If the final level of the least performing underlier falls by up to 15%, the payout will be par. Otherwise, investors will lose 1% for every 1% that the worst performer declines beyond 15%.

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:	Capped buffered return enhanced notes
Underlying assets:	iShares MSCI EAFE ETF, Euro Stoxx 50 index
Amount:	$1,051,000
Maturity:	June 18, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If each underlier finishes above initial level, par plus 175% of least performing underlier’s return, subject to maximum upside return of par plus 103.05%; if least performing underlier falls by up to 15%, par; otherwise, 1% loss for every 1% that worst performer declines beyond 15%
Initial levels:	$72.78 for ETF, 4,375.98 for index
Buffer levels:	85% of initial levels
Pricing date:	June 14
Settlement date:	June 20
Agent:	J.P. Morgan Securities LLC
Fees:	0.91908%
Cusip:	48133XQX7

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