New Issue: JPMorgan sells $2.1 million contingent buffered return notes on S&P, Russell

By Sarah Lizee

Olympia, Wash., May 31 – JPMorgan Chase Financial Co. LLC priced $2.1 million of 0% uncapped contingent buffered return enhanced notes due May 31, 2023 linked to the lesser performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes above its initial level, the payout at maturity will be par plus 1.2 times any gain of the worse performing index.

If either index falls by up to 50%, the payout will be par.

Otherwise, investors will lose 1% for each 1% decline of the worse performing index.

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 contingent buffered return enhanced notes
Underlying indexes:	S&P 500 and Russell 2000
Amount:	$2,104,000
Maturity:	May 31, 2023
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If each index gains, par plus 1.2 times any gain of worse performing index; if either index falls by up to 50%, par; otherwise, 1% loss for each 1% decline of worse performing index
Initial levels:	1,623.649 for Russell and 2,689.86 for S&P
Pricing date:	May 29
Settlement date:	May 31
Agent:	J.P. Morgan Securities LLC
Fees:	4.07094%
Cusip:	48129MQD1

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