New Issue: JPMorgan prices $1.65 million capped notes linked to Dow, Nasdaq, Russell

By Wendy Van Sickle

Columbus, Ohio, July 13 – JPMorgan Chase Financial Co. LLC priced $1.65 million of 0% capped notes due July 3, 2025 linked to the Dow Jones industrial average, the Nasdaq-100 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index gains, the payout at maturity will be par plus 200% of the return of that index, capped at par plus 30%.

Investors will lose 1% for every 1% that the worst performing index declines, subject to a minimum payout of 95% of par.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped notes
Underlying indexes:	Dow Jones industrial average, Nasdaq-100 index and Russell 2000 index
Amount:	$1.65 million
Maturity:	July 3, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing index gains, par plus 200% of that index return, capped at par plus 30%; 1% loss for every 1% that worst performing index declines, subject to a minimum payout of 95% of par
Initial levels:	30,775.43 for Dow Jones industrial average, 11,503.72 for Nasdaq-100, 1,707.99 for Russell 2000
Upside leverage:	200%
Cap:	30%
Principal protection:	95%
Pricing date:	June 30
Settlement date:	July 6
Agent:	J.P. Morgan Securities LLC
Fees:	0.60248%
Cusip:	48133GNV1

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