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Published on 2/4/2019 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $3.83 million digital equity notes linked to Euro Stoxx

By Marisa Wong

Morgantown, W.Va., Feb. 4 – JPMorgan Chase Financial Co. LLC priced $3.83 million of 0% digital equity notes due July 29, 2020 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 index return is zero or positive, the payout at maturity will be the greater of the threshold settlement amount, $1,324 per $1,000 of notes, and par plus the index return.

Otherwise, investors will be fully exposed to any losses.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Digital equity notes
Underlying index:Euro Stoxx 50 index
Amount:$3.83 million
Maturity:July 29, 2020
Coupon:0%
Price:Par
Payout at maturity:If the index return is zero or positive, greater of the threshold settlement amount, $1,324 per $1,000 of notes, and par plus the index return; otherwise, investors will be fully exposed to any losses
Initial level:3,163.24
Pricing date:Jan. 25
Settlement date:Feb. 1
Agent:J.P. Morgan Securities LLC
Fees:1.67%
Cusip:48130WSZ5

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