New Issue: JPMorgan sells $52,000 uncapped contingent buffered equity notes on S&P, Russell

By Marisa Wong

Morgantown, W.Va., March 14 – JPMorgan Chase Financial Co. LLC priced $52,000 of 0% uncapped contingent buffered equity notes due Feb. 29, 2024 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.

The notes are guaranteed by JPMorgan Chase & Co.

If the return of each asset is at least negative 35%, the payout at maturity will be par plus the greater of 26% and the return of the lesser performing asset.

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

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 assets:	S&P 500 index, Russell 2000 index
Amount:	$52,000
Maturity:	Feb. 29, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus greater of 26% and return of worse performing asset if each asset gains, finishes flat or falls by up to 35%; otherwise, 1% loss for each 1% decline of worse performing asset
Initial levels:	2,784.49 for S&P and 1,575.549 for Russell
Pricing date:	Feb. 28
Settlement date:	March 5
Agent:	J.P. Morgan Securities LLC
Fees:	0.54808%
Cusip:	48130WXJ5

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