New Issue: JPMorgan prices $1.54 million PLUS notes linked to Topix

By Taylor Fox

New York, March 12 – JPMorgan Chase Financial Co. LLC priced $1.54 million 0% Performance Leveraged Upside Securities (PLUS) due June 3, 2022 linked to the Topix index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The payout at maturity will be par plus 300% of any index gain, subject to a maximum return of par plus 16%. Investors will be fully exposed to any index decline.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Performance Leveraged Upside Securities
Underlying index:	Topix index
Amount:	$1,535,500
Maturity:	June 3, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any index gain, capped at maximum return of par plus 16%; full exposure to any index decline
Initial index level:	1,864.49
Pricing date:	Feb. 26
Settlement date:	March 3
Agent:	J.P. Morgan Securities LLC
Fees:	2.25%
Cusip:	48132Q391

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