New Issue: JPMorgan prices $260,000 uncapped buffered return enhanced notes on Stoxx, EAFE ETF

By Kiku Steinfeld

Chicago, Nov. 7 – JPMorgan Chase Financial Co. LLC priced $260,000 of 0% uncapped buffered return enhanced notes due March 13, 2025 linked to the Euro Stoxx 50 index and iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing asset gains, the payout at maturity will be par plus 153% of the return of the worst performing asset. The payout will be par if the worst performing asset declines but by no more than the 20% buffer. Investors will lose 1% for every 1% that the worst performing asset declines beyond the buffer.

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:	Uncapped buffered return enhanced notes
Underlying assets:	Euro Stoxx 50 index and iShares MSCI EAFE ETF
Amount:	$260,000
Maturity:	March 13, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing asset gains, par plus 153% of worst performing asset return; par if worst performing asset declines but by no more than 20% buffer; 1% loss for every 1% that worst performing asset declines beyond the buffer
Initial levels:	3,766.02 for Euro Stoxx 50, $70.24 for iShares MSCI EAFE ETF
Upside leverage:	153%
Cap:	None
Buffer:	20%
Pricing date:	March 9
Settlement date:	March 14
Agent:	J.P. Morgan Securities LLC
Fees:	0.75%
Cusip:	48133DUF5

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