New Issue: JPMorgan sells $579,000 capped accelerated barrier notes on Russell

By Taylor Fox

New York, March 22 – JPMorgan Chase Financial Co. LLC priced $579,000 of 0% capped accelerated barrier notes due March 12, 2026 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the index finishes above its initial value, the payout at maturity will be par plus 1.1 times the gain, with the payout capped at par plus 30%.

If the index finishes flat or declines by up to 45%, the payout will be par. Otherwise, investors will be fully exposed to any index decline below the initial level.

The agent is J.P. Morgan Securities LLC.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped accelerated barrier notes
Underlying index:	Russell 2000 index
Amount:	$579,000
Maturity:	March 12, 2026
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus 1.1 times any index gain, capped at par plus 30%; par if index finishes flat or declines by up to 45%; otherwise, 1% loss for every 1% index decline below the initial level
Initial value:	2,245.059
Barrier value:	1,234.78245, 55% of initial level
Pricing date:	March 9
Settlement date:	March 12
Agent:	J.P. Morgan Securities LLC
Fees:	4.125%
Cusip:	48132RS43

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