New Issue: JPMorgan prices $3.77 million digital equity notes linked to index basket

By Wendy Van Sickle

Columbus, Ohio, Sept. 29 – JPMorgan Chase Financial Co. LLC priced $3.77 million of 0% digital equity notes due Sept. 24, 2025 linked to a weighted basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 26% weight, the FTSE 100 index with a 17% weight, the Swiss Market index with a 12% weight and the S&P/ASX 200 index with an 9% weight.

If the basket finishes at or above initial level, the payout at maturity will be the greater of par plus 28.75% and par plus the basket return.

Investors will be fully exposed to any basket decline.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Digital equity notes
Underlying indexes:	Euro Stoxx 50 (36% weight), Topix (26% weight), FTSE 100 (17% weight), Swiss Market (12% weight) and S&P/ASX 200 (9% weight)
Amount:	$3.77 million
Maturity:	Sept. 24, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If basket finishes at or above initial level, the greater of par plus 28.75% and par plus the basket return; otherwise, lose 1% for every 1% of basket decline from initial level
Initial index levels:	4,207.16 for Stoxx, 2,376.27 for Topix, 7,683.91 for FTSE, 11,014.76 for Swiss Market, 7,068.837 for S&P/ASX
Pricing date:	Sept. 22
Settlement date:	Sept. 29
Agent:	J.P. Morgan Securities LLC
Fees:	2%
Cusip:	48134A2E4

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