New Issue: JPMorgan sells $980,000 four-year review notes on Stoxx 50, Russell

By Susanna Moon

Chicago, July 26 – JPMorgan Chase Financial Co. LLC priced $980,000 of 0% review notes due Aug. 18, 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 an annual call premium of 9% if each index closes at or above its initial level on any annual review date or 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 the decline.

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:	$1,704,000
Maturity:	Aug. 18, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	1% loss for each 1% decline of worse performing index
Call:	At par plus 9% per year if each index closes at or above initial level on any annual review date beginning Aug. 13, 2019 or 70% trigger level on final valuation date
Initial levels:	1,696.808 for Russell and 3,460.03 for Stoxx
Trigger levels:	1,187.7656 for Russell, 2,422.021 for Stoxx, 70% of initial levels
Pricing date:	July 20
Settlement date:	July 27
Agent:	J.P. Morgan Securities LLC
Fees:	2.5%
Cusip:	48129MJ23

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