New Issue: JPMorgan prices $3.61 million uncapped return enhanced notes on three ETFs

By William Gullotti

Buffalo, N.Y., May 17 – JPMorgan Chase Financial Co. LLC priced $3.61 million of 0% uncapped return enhanced notes due May 17, 2028 linked to the least performing of the iShares Russell 2000 ETF, the SPDR S&P 500 ETF Trust and the SPDR Dow Jones Industrial Average ETF Trust, 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 ETF finishes flat or gains, the payout at maturity will be par plus 2.0745 times the return of the worst performer.

Investors will have full exposure to the decline of the least performing ETF 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:	Uncapped return enhanced notes
Underlying funds:	SPDR S&P 500 ETF Trust, SPDR Dow Jones Industrial Average ETF Trust, iShares Russell 2000 ETF
Amount:	$3,612,000
Maturity:	May 17, 2028
Coupon:	0%
Price:	Par
Payout at maturity:	If least performing ETF finishes flat or gains, par plus the 2.0745 times the least performing ETF return; full exposure to decline of the least performing ETF if it finishes below its initial level
Initial ETF levels:	$411.59 for S&P ETF, $333.20 for Dow ETF, $172.72 for Russell ETF
Pricing date:	May 12
Settlement date:	May 17
Agent:	J.P. Morgan Securities LLC
Fees:	0.75%
Cusip:	48133WGT9

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