New Issue: JPMorgan sells $4.8 million contingent buffered digital notes on indexes

By Taylor Fox

New York, Nov. 2 – JPMorgan Chase Financial Co. LLC priced $4.8 million of 0% contingent buffered digital notes due April 5, 2021 linked to the least performing of the Nasdaq-100 index, the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above 60% of its initial level, the payout at maturity will be par plus the contingent digital return of 1.65%.

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:	Nasdaq-100 index, S&P 500 and Russell 2000
Amount:	$4.8 million
Maturity:	April 5, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above contingent buffer, par plus 1.65%; otherwise, 1% loss per 1% drop of worse performing index
Initial levels:	3,363 for S&P, 1,507.692 for Russell and 11,418.06 for Nasdaq
Contingent buffer:	60% of initial levels
Pricing date:	Sept. 30
Settlement date:	Oct. 5
Agent:	J.P. Morgan Securities LLC
Fees:	1.1%
Cusip:	48132PGZ1

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