New Issue: JPMorgan prices $1.98 million capped return enhanced notes on S&P, Nasdaq

By Wendy Van Sickle

Columbus, Ohio, March 17 – JPMorgan Chase Financial Co. LLC priced $1.98 million of 0% capped return enhanced notes due March 19, 2026 linked to the least performing of the S&P 500 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

At maturity, if the least performing index finishes flat or gains, the payout at maturity will be par plus 1.8 times the return of the worst performer, up to a maximum return of 72.85%.

Investors will have full exposure to the decline of the least performing index if it finishes below its initial level.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped return enhanced notes
Underlying indexes:	S&P 500 index, Nasdaq-100 index
Amount:	$1,979,000
Maturity:	March 19, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If least performing index finishes flat or gains, par plus the 1.8 times the least performing index return, up to a maximum return of 72.85%; full exposure to decline of the least performing index if it finishes below its initial level
Initial index levels:	4,173.11 for S&P, 13,046.64 for Nasdaq
Pricing date:	March 14
Settlement date:	March 17
Agent:	J.P. Morgan Securities LLC
Fees:	0.75%
Cusip:	48133DXB1

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