New Issue: JPMorgan sells $2.55 million capped enhanced participation notes on index basket

By Taylor Fox

New York, Aug. 31 – JPMorgan Chase Financial Co. LLC priced $2.55 million of 0% capped enhanced participation notes due Dec. 28, 2021 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 29% weight, the FTSE 100 index with a 16% weight, the Swiss Market index with an 11% weight and the S&P/ASX 200 index with an 8% weight.

The payout at maturity will be par plus 3 times any basket gain, capped at $1,190.5 per $1,000 principal amount.

Investors will be exposed to any losses.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped enhanced participation notes
Underlying indexes:	Euro Stoxx 50 (36% weight), Topix (29% weight), FTSE 100 (16% weight), Swiss Market (11% weight) and S&P/ASX 200 (8% weight)
Amount:	$2,546,000
Maturity:	Dec. 28, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 3 times any basket gain, capped at $1,190.5 per $1,000 face amount; 1% loss per 1% decline
Initial index levels:	3,331.74 for Stoxx, 1,607.13 for Topix, 6,104.73 for FTSE, 10,308.39 for Swiss Market and 6,129.572 for S&P/ASX
Pricing date:	Aug. 24
Settlement date:	Aug. 31
Agent:	J.P. Morgan Securities LLC
Fees:	1.01%
Cusip:	48132M6Q9

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