New Issue: JPMorgan sells $1.5 million capped enhanced participation notes on index basket

By William Gullotti

Buffalo, N.Y., Dec. 12 – JPMorgan Chase Financial Co. LLC priced $1.5 million of 0% capped enhanced participation notes due Dec. 10, 2024 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 26% weight, the FTSE 100 index with a 17% weight, the Swiss Market index with an 12% weight and the S&P/ASX 200 index with an 9% weight.

The payout at maturity will be par plus 300% of any basket gain, subject to a maximum payout of par plus 44.25%.

Investors will be exposed to any basket decline.

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 (26% weight), FTSE 100 (17% weight), Swiss Market (12% weight) and S&P/ASX 200 (9% weight)
Amount:	$1.5 million
Maturity:	Dec. 10, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any basket gain, capped at par plus 44.25%; 1% loss per 1% decline
Initial index levels:	3,939.19 for Stoxx, 1,950.22 for Topix, 7,521.39 for FTSE, 11,109.33 for Swiss Market, 7,291.266 for S&P/ASX
Pricing date:	Dec. 6
Settlement date:	Dec. 13
Agent:	J.P. Morgan Securities LLC
Fees:	2%
Cusip:	48133PW25

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