New Issue: JPMorgan sells $10,000 notes due 2024 tied to basket of three indexes

By Sarah Lizee

Olympia, Wash., April 3 – JPMorgan Chase Financial Co. LLC priced $10,000 of notes due March 28, 2024 linked to a basket of equally weighted indexes, according to a 424B2 filed with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The basket consists of the S&P 500 index, the Russell 2000 index and the Euro Stoxx 50 index, each with a 33.33% weight.

If the basket return is positive, the payout at maturity will be par plus 130% of any basket gain. If the basket falls or is flat, investors will share in the decline, subject to a minimum payout of 90% of par.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Notes
Underlying indexes:	S&P 500 (33.33% weight), Russell 2000 (33.33% weight) and Euro Stoxx 50 (33.33% weight)
Amount:	$10,000
Maturity:	March 28, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 130% of any basket gain; if basket falls or is flat, investors will share in the decline, subject to a minimum payout of 90% of par
Initial levels:	2,834.40 for S&P, 1,539.739 for Russell and 3,351.71 for Stoxx
Pricing date:	March 29
Settlement date:	April 3
Agent:	J.P. Morgan Securities LLC
Fees:	0.5%
Cusip:	48130W5P2

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