New Issue: JPMorgan prices $368,000 notes linked to Russell, Dow, Nasdaq

By Wendy Van Sickle

Columbus, Ohio, Aug. 1 – JPMorgan Chase Financial Co. LLC priced $368,000 of 0% notes due July 29, 2026 linked to the performance of the Russell 2000 index, the Dow Jones industrial average and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the final level of each index is greater than or equal to its initial index level, the payout at maturity will be par plus the return of the least performing index.

Otherwise, investors will lose 1% for each 1% decline of the worst performer, subject to a minimum return of 95% of par.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Notes
Underlying indexes:	Russell 2000 index, Dow Jones industrial average, Nasdaq-100 index
Amount:	$368,000
Maturity:	July 29, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above initial level, par plus return of least performing index; otherwise, lose 1% for each 1% decline of the worst performer, subject to a minimum return of 95% of par
Initial levels:	1,965.678 for Russell, 35,411.24 for Dow, 15,448.02 for Nasdaq
Pricing date:	July 24
Settlement date:	July 27
Agent:	J.P. Morgan Securities LLC
Fees:	3%
Cusip:	48133YGD0

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