New Issue: JPMorgan sells $4.38 million yield notes on Russell, MSCI EAFE

By Wendy Van Sickle

Columbus, Ohio, March 2 – JPMorgan Chase Financial Co. LLC sold $4.38 million of 6.3% yield notes due Feb. 23, 2022 linked to the worst performing of the Russell 2000 index and the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

Interest will payable monthly.

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 least-performing index declines beyond 20%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Yield notes
Underlying indexes:	Russell 2000 and MSCI EAFE
Amount:	$4,375,000
Maturity:	Feb. 23, 2022
Coupon:	6.3%, payable monthly
Price:	Par
Payout at maturity:	Par unless either index finishes below its buffer, in which case 1.25% loss for every 1% decline of worse performing index beyond 20%
Initial levels:	2,256.106 for Russell and 2,233.61 for MSCI EAFE
Buffer levels:	80% of initial levels
Pricing date:	Feb. 17
Settlement date:	Feb. 22
Agent:	J.P. Morgan Securities LLC
Fees:	None
Cusip:	48132R5X4

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