New Issue: JPMorgan sells $1.4 million five-year review notes on S&P 500, Russell

By Wendy Van Sickle

Columbus, Ohio, June 14 – JPMorgan Chase Financial Co. LLC priced $1.4 million of 0% review notes due June 9, 2023 linked to the worse performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus a call premium of 8% per year if each index closes at or above its initial level on any quarterly review date after one year.

If the notes are not called, the payout at maturity will be par unless either index finishes below its 60% trigger level, in which case investors will be fully exposed to the 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:	Review notes
Underlying indexes:	S&P 500, Russell 2000
Amount:	$1,398,000
Maturity:	June 9, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par unless either index finishes below trigger level, in which case full exposure to decline of worse performing index
Call:	At par plus 8% per year if each index closes at or above initial level on any quarterly review date after one year
Initial levels:	2,772.35 for S&P, 1,675.949 for Russell
Trigger levels:	1,663.41 for S&P, 1,005.6494 for Russell, 60% of initial levels
Pricing date:	June 6
Settlement date:	June 11
Agent:	J.P. Morgan Securities LLC
Fees:	1.125%
Cusip:	48129MWB8

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