New Issue: JPMorgan prices $1.22 million notes linked to Stoxx

By Wendy Van Sickle

Columbus, Ohio, Jan. 7 – JPMorgan Chase Financial Co. LLC priced $1.22 million of 0% notes due Dec. 30, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the final index level is greater than the initial index level, the payout at maturity will be par plus the index return.

If the final index level is equal to or less than the initial index level, investors will be exposed to the index’s decline, subject to a minimum payout of $950 per $1,000 principal amount of notes.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Notes
Underlying index:	Euro Stoxx 50
Amount:	$1,224,000
Maturity:	Dec. 30, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than initial index level, par plus index return; if final index level is equal to or less than initial index level, exposure to index’s decline, subject to minimum payout of $950 per $1,000 principal amount of notes
Initial level:	3,782.27
Pricing date:	Dec. 27
Settlement date:	Jan. 2
Agent:	J.P. Morgan Securities LLC
Fees:	0.56782%
Cusip:	48132HAX0

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