New Issue: JPMorgan sells $593,000 notes due 2022 linked to indexes

By Sarah Lizee

Olympia, Wash., Dec. 23 – JPMorgan Chase Financial Co. LLC priced $593,000 of 0% notes due Dec. 8, 2022 linked to the least performing of the Dow Jones industrial average, 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.

The payout at maturity will be par plus 1.02 times any gain of the lesser performing index.

Investors will be exposed to up to 10% of any decline of the lesser performing index, with 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:	Dow Jones industrial average, S&P 500, Russell 2000
Amount:	$593,000
Maturity:	Dec. 8, 2022
Contingent coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.02 times any gain of lesser performing index; exposure to up to 10% of any decline of the lesser performing index, with a minimum payout of 90% of par
Initial levels:	3,093.20 for S&P, 1,602.630 for Russell and 27,502.81 for Dow
Pricing date:	Dec. 3
Settlement date:	Dec. 6
Agent:	J.P. Morgan Securities LLC
Fees:	0.63997%
Cusip:	48132HFA5

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