New Issue: JPMorgan prices $2.11 million 7.05% yield notes linked to S&P 500

Chicago, May 19 – JPMorgan Chase Financial Co. LLC priced $2.11 million of yield notes due May 15, 2025 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 7.05%, paid monthly.

If the index gains or ends above its 70% trigger the payout at maturity will be par plus the coupon. Investors will lose 1% for every 1% decline in the index if it finished below its trigger.

The notes are non-callable.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Yield notes
Underlying index:	S&P 500 index
Amount:	$2,105,000
Maturity:	May 15, 2025
Coupon:	7.05% annual rate, paid monthly
Price:	Par
Payout at maturity:	If index finishes at or above its 70% trigger, par; otherwise, 1% loss for every 1% that index declines
Initial level:	4,124.08
Trigger:	2,886.856, 70% of initial level
Call:	Non-callable
Pricing date:	May 12
Settlement date:	May 17
Agent:	J.P. Morgan Securities LLC
Fees:	0.25%
Cusip:	48133WB98

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