New Issue: JPMorgan sells $500,000 six-year review notes on three indexes

By Wendy Van Sickle

Columbus, Ohio, July 6 – JPMorgan Chase Financial Co. LLC priced $500,000 of 0% review notes due July 5, 2024 linked to the worst performing of the S&P 500 index, the Russell 2000 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus a call premium of 11.1% per year if each index closes at or above its initial level on any annual review date.

If the notes are not called, the payout at maturity will be par unless any index finishes below 70% of its initial level, in which case investors will be fully exposed to the decline of the worst 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:	$500,000
Maturity:	July 5, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par unless any index finishes below trigger, in which case 1% loss for each 1% decline of worst performing index
Call:	At par plus 11.1% per year if each index closes at or above initial level on any annual review date
Initial levels:	2,718.37 for S&P, 1,643.069 for Russell and 24,271.41 for Dow
Barrier levels:	1,902.859 for S&P, 1,150.1483 for Russell and 16,989.987 for Dow, 70% of initial levels
Pricing date:	June 29
Settlement date:	July 6
Agent:	J.P. Morgan Securities LLC
Fees:	None
Cusip:	48129M2A3

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