New Issue: JPMorgan prices $1.13 million uncapped contingent buffered return enhanced notes tied to S&P, Russell

By Kiku Steinfeld

Chicago, Nov. 21 – JPMorgan Chase Financial Co. LLC priced $1.13 million of uncapped contingent buffered return enhanced notes due Oct. 31, 2024 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.

If each index finishes above its initial level, the payout at maturity will be 1.37 times the gain of the worse performing index.

Investors will receive par if the worse performing index falls by up to 50% and will lose 1% for each 1% decline from the initial level if the index falls by more than the 50% contingent buffer.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Uncapped contingent buffered return enhanced notes
Underlying index:	S&P 500 and Russell 2000
Amount:	$1,128,000
Maturity:	Oct. 31, 2024
Price:	Par
Payout at maturity:	1.37 times gain of worse performing index; par if worse performing index falls by up to 50%; otherwise, 1% loss for each 1% decline from initial level
Initial level:	1,562.452 for Russel, 3,037.56 for S&P
Contingent buffer:	50%
Pricing date:	Oct. 31
Settlement date:	Nov. 5
Agent:	J.P. Morgan Securities LLC
Fees:	0.65016%
Cusip:	48132FSV9

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