New Issue: JPMorgan sells $194,000 autocallable yield notes on S&P, Russell

By Wendy Van Sickle

Columbus, Ohio, July 6 – JPMorgan Chase Financial Co. LLC priced $194,000 of autocallable yield notes due June 30, 2022 linked to the lesser performing of the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

The interest rate will be 5.25% per year, payable monthly.

The notes will be automatically called at par if each index closes at or above its initial level on any quarterly review date after two years.

The payout at maturity will be par unless either index finishes below its 65% trigger level, in which case investors will be fully exposed to the decline of the lesser performing index.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Autocallable yield notes
Underlying indexes:	Russell 2000 and S&P 500
Amount:	$194,000
Maturity:	June 30, 2022
Coupon:	5.25%, payable monthly
Price:	Par
Payout at maturity:	Par unless either index finishes below its 65% trigger level, in which case full exposure to decline of lesser performing index
Call:	At par if each index closes at or above initial level on any quarterly review date after two years
Initial levels:	2,718.37 for S&P, 1,643.069 for Russell
Trigger levels:	1,766.9405 for S&P, 1,067.99485 for Russell: 65% of initial levels
Pricing date:	June 29
Settlement date:	July 5
Agent:	J.P. Morgan Securities LLC
Fees:	0.64175%
Cusip:	48129MYS9

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