New Issue: JPMorgan prices $2.23 million notes linked to Stoxx Global Select

By Angela McDaniels

Tacoma, Wash., Dec. 23 – JPMorgan Chase Financial Co. LLC priced $2.23 million of 0% notes due Dec. 22, 2023 linked to the Stoxx Global Select Dividend 100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par plus 255% of the index return. If the final index level is less than the initial index level, investors will be exposed to the decline, subject to a minimum payout of $950 per $1,000 principal amount of notes.

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:	Notes
Underlying index:	Stoxx Global Select Dividend 100 index
Amount:	$2,228,000
Maturity:	Dec. 22, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than initial index level, par plus 255% of index return; if final index level is less than initial index level, exposure to decline, subject to minimum payout of $950 per $1,000 principal amount of notes
Initial level:	2,954.52
Pricing date:	Dec. 19
Settlement date:	Dec. 24
Agent:	J.P. Morgan Securities LLC
Fees:	1.25%
Cusip:	48132HKM3

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