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Published on 5/6/2019 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $11.94 million bear market PLUS linked to Nasdaq-100

Chicago, May 6 – JPMorgan Chase Financial Co. LLC priced 11.94 million of 0% bear market Performance Leveraged Upside Securities due Nov. 4, 2019 linked to the Nasdaq-100 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 less than the initial index level, the payout at maturity will be par of $10 plus 3% for every 1% that the index declines, subject to a maximum return of 114.05% of the principal amount. If the final index level is greater than or equal to the initial index level, the payout will be par minus 1% for every 1% that the index increases.

J.P. Morgan Securities LLC is the agent. Morgan Stanley Wealth Management is handling distribution.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Bear market Performance Leveraged Upside Securities
Underlying index:Nasdaq-100
Amount:$11,940,800
Maturity:Nov. 4, 2019
Coupon:0%
Price:Par of $10
Payout at maturity:If final index level is less than initial index level, par plus 3% for every 1% that index declines, subject to 114.05% maximum return; if final index level is greater than or equal to initial index level, par minus 1% for every 1% that index increases
Initial level:7,781.456
Pricing date:April 30
Settlement date:May 3
Agent:J.P. Morgan Securities LLC
Distribution:Morgan Stanley Wealth Management
Fees:1.75%
Cusip:48130X158

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