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Published on 4/25/2018 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $1.09 million four-year review notes on Stoxx 50, Russell

By Susanna Moon

Chicago, April 25 – JPMorgan Chase Financial Co. LLC priced $1.09 million of 0% review notes due May 16, 2022 linked to the worse performing of the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus a call premium of 9.5% per year if each index closes at or above its initial level on the first three review dates or at or above its 70% trigger level on the final valuation date.

If the notes are not called, the payout at maturity will be par plus the return of the worse performing index with full exposure to any losses.

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:Review notes
Underlying indexes:Euro Stoxx 50, Russell 2000
Amount:$1,091,000
Maturity:May 16, 2022
Coupon:0%
Price:Par
Payout at maturity:Par plus return of worse performing index with 1% loss for each 1% decline
Call:At par plus 9.5% per year if each index closes at or above initial level on first three review dates or at or above 70% trigger level on final valuation date
Initial levels:3,494.20 for Stoxx, 1,564.124 for Russell
Trigger levels:2,445.94 for Stoxx, 1,094.8868 for Russell, 70% of initial levels
Pricing date:April 20
Settlement date:April 27
Agent:J.P. Morgan Securities LLC
Fees:2.5%
Cusip:48129MKM7

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