New Issue: JPMorgan prices $2.73 million notes linked to three indexes, EM ETF

By Sarah Lizee

Olympia, Wash., April 3 – JPMorgan Chase Financial Co. LLC priced $2.73 million of 0% notes due March 28, 2024 linked to an equally weighted basket consisting of the S&P 500 index, the Euro Stoxx 50 index, the Russell 2000 index and the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the final basket level is greater than the initial basket level, the payout at maturity will be par plus 102.5% of the basket return. If the final basket level is less than the initial basket level, investors will share in the decline, subject to a minimum payment of $950 per $1,000 principal amount of notes.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Notes
Underlying basket:	S&P 500 index, Euro Stoxx 50 index, Russell 2000 index and iShares MSCI Emerging Markets ETF, equally weighted
Amount:	$2,733,000
Maturity:	March 28, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If final basket level is greater than initial basket level, par plus 102.5% of basket return; if final basket level is less than initial basket level, investors share in decline, subject to minimum payment of $950 per $1,000 principal amount of notes
Initial levels:	2,834.40 for S&P, 3,351.71 for Stoxx, 1,539.739 for Russell and $42.92 for ETF
Pricing date:	March 29
Settlement date:	April 3
Agent:	J.P. Morgan Securities LLC
Fees:	0.75572%
Cusip:	48130W5N7

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