New Issue: JPMorgan prices $1.04 million 6% yield notes linked to index, ETF

New York, May 20 – JPMorgan Chase Financial Co. LLC priced $1.04 million of yield notes due May 18, 2023 linked to the SPDR S&P 500 ETF Trust and Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 6%, paid monthly.

If the worst performing asset finishes at or above its 60% barrier level, the payout at maturity will be par plus the fixed coupon. Otherwise, investors will lose 1% for every 1% decline of the worst performer from its initial level.

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 assets:	SPDR S&P 500 ETF Trust and Dow Jones industrial average
Amount:	$1,035,000
Maturity:	May 18, 2023
Coupon:	6%, paid monthly
Price:	Par
Payout at maturity:	If worst performing asset finishes at or above its barrier level, par; otherwise, full exposure to decline of worst asset from initial level
Initial levels:	$401.72 for ETF, 32,196.66 for index
Barrier levels:	$241.032 for ETF, 19,317.996 for index, 60% of initial level
Pricing date:	May 13
Settlement date:	May 18
Agent:	J.P. Morgan Securities LLC
Fees:	0.6%
Cusip:	48133GCZ4

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