New Issue: JPMorgan prices $1.41 million digital barrier notes linked to Russell, S&P

By Wendy Van Sickle

Columbus, Ohio, Feb. 5 – JPMorgan Chase Financial Co. LLC priced $1.41 million of 0% digital barrier notes due Feb. 3, 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 the least performing index finishes at or above its 75% of its initial level, the payout at maturity will be par plus the digital upside return of 7.5%.

If the worst performer finishes below 75% of its initial level, the payout will be par plus the return with full exposure to the losses of the worst performer.

The notes are guaranteed by JPMorgan Chase & Co.

The agent is J.P. Morgan Securities LLC.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Digital barrier notes
Underlying indexes:	S&P 500 and Russell 2000
Amount:	$1.41 million
Maturity:	March 3, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If the lesser performing index finishes at or above its 75% of its initial level, par plus 7.5%; if the lowest performer finishes below 75% of its initial level, full exposure to decline of worst performer
Initial levels:	3,714.24 for S&P, 2,073.641 for Russell
Barrier levels:	2,785.68 for S&P, 1,555.23075 for Russell, 75% of initial levels
Pricing date:	Jan. 15
Settlement date:	Jan. 21
Agent:	J.P. Morgan Securities LLC
Fees:	0.25%
Cusip:	48132RBQ2

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