New Issue: JPMorgan sells $5.96 million contingent digital buffered notes on Nasdaq-100

By Marisa Wong

Los Angeles, March 25 – JPMorgan Chase Financial Co. LLC priced $5.96 million of 0% contingent digital buffered notes due Aug. 31, 2022 linked to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the index gains, finishes flat or falls by up to 10%, the payout at maturity will be par plus 11.82%. Otherwise, investors will lose 1.11111% for every 1% that the index declines beyond the 10% buffer.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Contingent digital buffered notes
Underlying index:	Nasdaq-100 index
Amount:	$5,961,000
Maturity:	Aug. 31, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is at least 90% of initial level, par plus 11.82%; otherwise, 1.11111% loss for each 1% index decline beyond 10%
Initial level:	13,194.71
Final level:	Average of closing levels on five trading days ending Aug. 26, 2022
Pricing date:	Feb. 23
Settlement date:	Feb. 26
Agent:	J.P. Morgan Securities LLC
Fees:	1.25%
Cusip:	48132RRP7

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