New Issue: JPMorgan sells $713,000 of notes tied to basket of dividend indexes

By Sarah Lizee

Olympia, Wash., Dec. 31 – JPMorgan Chase Financial Co. LLC priced $713,000 of 0% notes due Dec. 31, 2021 linked to an equally-weight basket of the S&P 500 Low Volatility High Dividend index and the Euro Stoxx Select Dividend 30 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 plus 180% of any basket gain. If the basket falls, the payout will be par plus the basket return, with a minimum payment of 95% of par.

The agent is J.P. Morgan Securities LLC.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Notes
Underlying basket:	S&P 500 Low Volatility High Dividend index and Euro Stoxx Select Dividend 30 index
Amount:	$713,000
Maturity:	Dec. 31, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 180% of any basket gain; if basket declines, par plus the return, with a minimum payment of 95% of par
Initial values:	6,356.680 for the S&P, 1,757.89 for Stoxx
Pricing date:	Dec. 27
Settlement date:	Jan. 2
Agent:	J.P. Morgan Securities LLC
Fees:	0.53478%
Cusip:	48130WGX3

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