New Issue: JPMorgan prices $101,000 three-year digital notes linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, April 29 – JPMorgan Chase & Co. priced $101,000 of 0% digital notes due April 30, 2019 linked to the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.

If the final index level is greater than or equal to the initial index level, the payout at maturity will be par plus the digital return of 20.5%. Investors will receive par if the index falls by 15% or less and will lose 1% for each 1% that it declines beyond 15%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase & Co.
Issue:	Digital notes
Underlying index:	S&P 500
Amount:	$101,000
Maturity:	April 30, 2019
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If index gains or is flat, par plus 20.5%; if index falls by up to 15%, par; otherwise, 1% loss for every 1% decline beyond 15%
Initial level:	2,091.70
Pricing date:	April 26
Settlement date:	April 29
Agent:	J.P. Morgan Securities LLC
Fees:	0.65099%
Cusip:	48128GSF8

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