New Issue: JPMorgan prices $3 million digital dual directional notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Aug. 22 – JPMorgan Chase Financial Co. LLC priced $3 million of 0% digital dual directional contingent buffered notes due Feb. 22, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the final index level is greater than or equal to the initial index level, the payout at maturity will be par plus 17%. Otherwise, investors will have one-to-one exposure to the index’s decline.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Digital dual directional contingent buffered notes
Underlying index:	Euro Stoxx 50
Amount:	$3 million
Maturity:	Feb. 22, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than or equal to initial index level, par plus 17%; otherwise, one-to-one exposure to index’s decline
Initial index level:	2,995.30
Final index level:	Average of index’s closing levels on five trading days ending Feb. 19, 2018
Pricing date:	Aug. 18
Settlement date:	Aug. 23
Agent:	J.P. Morgan Securities LLC
Fees:	1.25%
Cusip:	46646EVK5

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