New Issue: JPMorgan prices $1.5 million uncapped buffered return enhanced notes on three indexes

By William Gullotti

Buffalo, N.Y., Jan. 3 – JPMorgan Chase Financial Co. LLC priced $1.5 million of 0% uncapped buffered return enhanced notes due Dec. 27, 2027 linked to the performance of the Dow Jones industrial average, the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index gains, the payout at maturity will be par plus 1.5 times the return of the lowest performing index.

If the worst performing index finishes flat or falls by up to 10%, the payout will be par.

Otherwise, investors will lose 1% for every 1% that the worst performing index declines beyond 10%.

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:	Uncapped buffered return enhanced notes
Underlying indexes:	Dow Jones industrial average, S&P 500 index, Russell 2000 index
Amount:	$1,502,000
Maturity:	Dec. 27, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If each index gains, par plus 1.5 times return of least performing index; par if worst performing index finishes flat or falls up to buffer; otherwise, 1% loss for every 1% that worst performing index declines beyond buffer
Initial levels:	37,404.35 for Dow, 2,017.065 for Russell, 4,746.75 for S&P
Buffer levels:	90% of initial levels
Pricing date:	Dec. 21
Settlement date:	Dec. 27
Agent:	J.P. Morgan Securities LLC
Fees:	2.6%
Cusip:	48134RF52

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