New Issue: JPMorgan sells $551,000 five-year review notes linked to three indexes

By Marisa Wong

Morgantown, W.Va., Sept. 21 – JPMorgan Chase Financial Co. LLC priced $551,000 of 0% review notes due Sept. 19, 2022 linked to the least performing of the S&P 500 index, the Russell 2000 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.

The notes will be called at par plus a call premium of 8.5% per year if each index closes at or above its initial level on any annual review date.

The payout at maturity will be par unless any index finishes below its 70% trigger level, in which case investors will be fully exposed to any losses of the worst performing index.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Review notes
Underlying indexes:	S&P 500, Russell 2000, Dow Jones industrial average
Amount:	$551,000
Maturity:	Sept. 19, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par unless any index finishes below trigger level, in which case 1% loss for each 1% decline of worst performing index
Call:	At par plus 8.5% per year if each index closes at or above initial level on any annual review date
Initial levels:	2,495.62 for S&P, 1,425.023 for Russell and 22,203.48 for Dow
Trigger levels:	1,746.934 for S&P, 997.5161 for Russell and 15,542.436 for Dow; 70% of initial levels
Pricing date:	Sept. 14
Settlement date:	Sept. 19
Agent:	J.P. Morgan Securities LLC
Fees:	4.125%
Cusip:	46647MU50

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