New Issue: JPMorgan prices $7.97 million capped airbag gears linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, April 5 – JPMorgan Chase Financial Co. LLC priced $7.97 million of 0% capped airbag gears due April 2, 2026 linked to 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 the index return is positive, the payout at maturity will be par plus 300% of the index return, subject to a maximum gain of 25.3%. Investors will receive par if the index falls by up to 10% and will lose 1.11111% for each 1% that the index may decline beyond 10%.

J.P. Morgan Securities LLC and UBS Financial Services Inc. are the agents.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped airbag gears
Underlying index:	S&P 500 index
Amount:	$7,965,000
Maturity:	April 2, 2026
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of the index return, subject to a maximum gain of 25.3%; par if the index falls by up to 10%; 1.11111% loss for each 1% that the index may decline beyond 10%
Initial level:	5,254.35
Downside threshold:	4,728.92; 90% of initial level
Pricing date:	March 28
Settlement date:	April 3
Agents:	J.P. Morgan Securities LLC and UBS Financial Services Inc.
Fees:	None
Cusip:	48131F743

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