New Issue: JPMorgan prices $4.09 million 6.8% yield notes linked to Russell, Nasdaq

By William Gullotti

Buffalo, N.Y., Feb. 8 – JPMorgan Chase Financial Co. LLC priced $4.09 million of 6.8% yield notes due April 6, 2023 linked to the performance of the Nasdaq-100 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.

Interest is payable monthly.

If each index finishes at or above its buffer level, 82.5% of initial level, the payout at maturity will be par. Otherwise, investors will lose 1.21212% for every 1% decline of the worst performer 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 indexes:	Russell 2000 index, Nasdaq-100 index
Amount:	$4.09 million
Maturity:	April 6, 2023
Coupon:	6.8% annualized, payable monthly
Price:	Par
Payout at maturity:	If each index finishes at or above buffer level, par; if any index declines more than 17.5%, investors will lose 1.21212% for every 1% decline of the worst performer below the buffer
Initial levels:	2,050.74 for Russell, 15,019.68 for Nasdaq
Buffer level:	82.5% of initial level
Strike date:	Feb. 1
Pricing date:	Feb. 2
Settlement date:	Feb. 7
Agent:	J.P. Morgan Securities LLC
Fees:	None
Cusip:	48133CM82

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