New Issue: JPMorgan sells $1.02 million uncapped accelerated barrier notes on indexes

By Taylor Fox

New York, Dec. 10 – JPMorgan Chase Financial Co. LLC priced $1.02 million of 0% uncapped accelerated barrier notes due Dec. 7, 2023 linked to the lesser performing of the S&P 500 index and the Dow Jones industrial average, 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 at maturity will be par plus 1.065 times the return of the worst performing index.

If any index falls but each index finishes at or above the 70% barrier level, the payout will be par.

Otherwise, investors will be fully exposed to the decline of the worst performing index.

The agent is J.P. Morgan Securities LLC.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Uncapped accelerated barrier notes
Underlying indexes:	S&P 500, Dow Jones industrial average
Amount	$1,020,000
Maturity:	Dec. 7, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its initial level, par plus 1.065 times the return of the worst performing index; if any index falls but all indexes finish at or above the barrier level, par; otherwise, investors will be fully exposed to the decline of the worst performing index
Initial index levels:	3,699.12 for S&P, 30,218.26 for Dow
Barrier levels:	2,589.384 for S&P, 21,152.782 for Dow, 70% of initial levels
Pricing date:	Dec. 4
Settlement date:	Dec. 9
Agent:	J.P. Morgan Securities LLC
Fees:	0.9%
Cusip:	48132PG57

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