New Issue: JPMorgan sells $2.41 million Performance Leveraged Upside Securities on S&P 500

By Taylor Fox

New York, Dec. 30 – JPMorgan Chase Financial Co. LLC priced $2.41 million 0% Performance Leveraged Upside Securities due April 5, 2022 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.

The payout at maturity will be par of $10 plus triple any index gain, up to a maximum return of par plus13.5%.

Investors will lose 1% for each 1% decline.

The agent is J.P. Morgan Securities LLC.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Performance Leveraged Upside Securities
Underlying index:	S&P 500 index
Amount:	$2,407,730
Maturity:	April 5, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus triple any index gain, up to maximum return of par plus 13.5%; 1% loss for every 1% that final index level is less than initial index level
Initial level:	3,701.17
Pricing date:	Dec. 16
Settlement date:	Dec. 21
Agent:	J.P. Morgan Securities LLC
Fees:	2.25%
Cusip:	48132N240

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