New Issue: JPMorgan sells $200,000 uncapped contingent buffered notes on index, ETF basket

By Marisa Wong

Morgantown, W.Va., March 14 – JPMorgan Chase Financial Co. LLC priced $200,000 of 0% uncapped contingent buffered return enhanced notes due Feb. 29, 2024 linked to an unequally weighted basket of three indexes and one exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The basket consists of the S&P 500 index with a 40% weight, the Euro Stoxx 50 index with a 20% weight, the Russell 2000 index with a 20% weight and the iShares MSCI Emerging Markets ETF with a 20% weight.

The payout at maturity will be par plus 1.4 times any basket gain. Investors will receive par if the basket falls by up to 40% and will be fully exposed to the basket decline if it falls by more than 40%.

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 basket:	S&P 500 index with a 40% weight, Euro Stoxx 50 index with a 20% weight, Russell 2000 index with a 20% weight and iShares MSCI Emerging Markets ETF with a 20% weight
Amount:	$200,000
Maturity:	Feb. 29, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.4 times any basket gain; par if the basket falls by up to 40%; otherwise, full exposure to any basket decline
Initial levels:	2,784.49 for S&P, 3,298.26 for Stoxx, 1,575.549 for Russell and $42.44 for EM ETF
Pricing date:	Feb. 28
Settlement date:	March 5
Agent:	J.P. Morgan Securities LLC
Fees:	1.125%
Cusip:	48130WXG1

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