New Issue: JPMorgan prices $6.72 million yield notes due 2022 tied to Russell, Nasdaq

By Kiku Steinfeld

Chicago, May 24 – JPMorgan Chase Financial Co. LLC priced $6.72 million of 5.25% yield notes due July 5, 2022 linked to the lesser performing of the Russell 2000 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

Interest is payable monthly.

The payout at maturity will be par unless either asset finishes below 82.5% of its initial level, in which case investors will be lose 1.21212% for each 1% loss of the worse performing asset beyond 17.5%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Yield notes
Underlying assets:	Russell 2000 index and Nasdaq-100 index
Amount:	$6,715,000
Maturity:	July 5, 2022
Coupon:	5.25%, payable monthly
Price:	Par
Payout at maturity:	Par unless either asset finishes below 82.5% of its initial level, in which case investors will lose 1.21212% for each 1% loss of the worse performing asset beyond 17.5%
Initial levels:	13,970.21 for Nasdaq, 2,295.456 for Russell
Buffer levels:	82.5% of initial levels
Strike date:	April 29
Pricing date:	April 30
Settlement date:	May 5
Agent:	J.P. Morgan Securities LLC
Fees:	0%
Cusip:	48132T6P6

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