New Issue: JPMorgan sells $521,000 notes linked to index on Dow, S&P, Russell

By Kiku Steinfeld

Chicago, Feb. 17 – JPMorgan Chase Financial Co. LLC priced $521,000 of 0% notes due Jan. 31, 2023 linked to the Dow Jones industrial average, the S&P 500 index and the Russell 2000 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 the gain of the lesser-performing index. If any index falls, the payout will be par plus the return of the lesser-performing index, with a minimum payout of 90% of par.

The agent is J.P. Morgan Securities LLC.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Notes
Underlying indexes:	Dow Jones industrial average, S&P 500 index and Russell 2000 index
Amount:	$521,000
Maturity:	Jan. 31, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain of lesser-performing index; if any index declines, par plus the return of lesser-performing index, with minimum payout of 90% of par
Initial values:	3,225.52 for S&P, 1,614.061 for Russell and 28,256.0 for Dow Jones
Pricing date:	Jan. 31
Settlement date:	Feb. 5
Agent:	J.P. Morgan Securities LLC
Fees:	0.66603%
Cusip:	48132HML3

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