New Issue: JPMorgan sells $366,000 capped contingent buffered equity notes on indexes

By Kiku Steinfeld

Chicago, Sept. 8 – JPMorgan Chase Financial Co. LLC priced $366,000 of 0% capped contingent buffered equity notes due Sept. 3, 2025 linked to the least performing of the Nasdaq-100 index, the Dow Jones industrial average and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If each index finishes at or above its initial level, the payout will be par plus the return of the least performing index, capped at par plus 52.1%.

If any index declines by up to 50%, the payout will be par.

If any index finishes below 50% of its initial level, the payout will be par plus the return of the least performing index, with full exposure to the decline.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped contingent buffered equity notes
Underlying assets:	Nasdaq-100 index, Dow Jones industrial average, S&P 500 index
Amount:	$366,000
Maturity:	Sept. 3, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its initial level, par plus the return of the least performing index, capped at par plus 52.1%; if any index declines by up to 50%, par; if any index finishes below 50% of its initial level, full exposure to the decline of the least performing index
Initial levels:	28,653.87 for Dow, 3,508.01 for S&P and 11,995.85 Nasdaq
Contingent buffer:	50% of initial levels
Pricing date:	Aug. 28
Settlement date:	Sept. 2
Agent:	J.P. Morgan Securities LLC
Fees:	4.125%
Cusip:	48132M7K1

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