New Issue: JPMorgan prices $5.42 million 8.1% yield notes linked to Russell, EAFE

By Sarah Lizee

Olympia, Wash., July 7 – JPMorgan Chase Financial Co. LLC priced $5.42 million of 8.1% yield notes due July 29, 2021 linked to the lesser performing of the MSCI EAFE index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The payout at maturity will be par unless either index finishes below its buffer level, 80% of its initial level, in which case investors will lose 1.25% for every 1% that the lesser-performing index falls beyond the buffer.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Autocallable yield notes
Underlying indexes:	MSCI EAFE and Russell 2000
Amount:	$5,415,000
Maturity:	July 29, 2021
Coupon:	8.1%, payable monthly
Price:	Par
Payout at maturity:	Par unless either index finishes below its buffer level, 80% of its initial level, in which case investors will lose 1.25% for every 1% that the lesser-performing index falls beyond the buffer
Initial levels:	1,378.78 for Russell 2000 and 1,779.71 for EAFE
Buffer values:	80% of initial levels
Pricing date:	June 26
Settlement date:	July 1
Agent:	J.P. Morgan Securities LLC
Fees:	None
Cusip:	48132MPC9

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