New York, May 10 – JPMorgan Chase Financial Co. LLC priced $1.2 million of 0% capped dual directional buffered equity notes due May 11, 2023 linked to the Russell 2000 index, the S&P 500 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the worst performing index gains the payout will be par plus the worst performing index return.
The payout will be par plus the absolute value of the worst performing index return if the worst performing index declines but by no more than the 20% buffer.
Investors will lose 1% for every 1% that the worst performing index declines beyond the buffer.
The securities are non-callable.
The notes are guaranteed by JPMorgan Chase & Co.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase Financial Co. LLC
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| Guarantor: | JPMorgan Chase & Co.
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| Issue: | Capped dual directional buffered equity notes
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| Underlying indexes: | Russell 2000 index, S&P 500 index and Nasdaq-100 index
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| Amount: | $1.2 million
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| Maturity: | May 11, 2023
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If worst performing index gains par plus worst performing index return capped at par plus 10.9%; par plus absolute value of worst performing index return if worst performing index declines but by no more than 20% buffer; 1% loss for every 1% that worst performing index declines beyond the buffer
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| Call: | Non-callable
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| Initial level: | 12,850.55 for Nasdaq-100, 1,871.148 for Russell 2000, 4,146.87 for S&P 500
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| Cap: | 10.9%
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| Buffer: | 20%
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| Pricing date: | May 5
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| Settlement date: | May 10
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 0.6%
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| Cusip: | 48133FR56
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