New Issue: JPMorgan sells $306,000 contingent buffered digital notes on S&P, Russell

By Taylor Fox

New York, Sept. 14 – JPMorgan Chase Financial Co. LLC priced $306,000 of 0% contingent buffered digital notes due March 4, 2022 linked to the least performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above 80% of its initial level, the payout at maturity will be par plus the contingent 12% digital return.

Otherwise, investors will lose 1% for each 1% decline of the worse performing index.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Contingent buffered digital notes
Underlying indexes:	S&P 500 and Russell 2000
Amount:	$306,000
Maturity date:	March 4, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above 80% of its initial level, par plus the contingent 12% digital return; otherwise, investors will lose 1% for each 1% decline of the worse performing index
Initial levels:	3,526.65 for S&P and 1,578.581 for Russell
Contingent buffer levels:	80% of initial levels
Pricing date:	Sept. 1
Settlement date:	Sept. 4
Agent:	J.P. Morgan Securities LLC
Fees:	1.5%
Cusip:	48132M7B1

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