New Issue: JPMorgan prices $321,000 digital barrier notes linked to Russell, Nasdaq, Dow

By Kiku Steinfeld

Chicago, Dec. 20 – JPMorgan Chase Financial Co. LLC priced $321,000 of 0% digital barrier notes due Aug. 31, 2022 linked to the least performing of the Dow Jones industrial average, the Nasdaq-100 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If all indexes finish at or above initial levels, the payout at maturity will be par plus 12.65%. If any index falls below its initial level but finishes at or above its 75% barrier level, the payout at maturity will be par.

Otherwise, investors will be fully

exposed to the decline of the least performing index from its initial level.

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:	Dow Jones industrial average, Nasdaq-100 index, Russell 2000 index
Amount:	$321,000
Maturity:	Aug. 31, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If all indexes finish at or above initial levels, par plus 12.65%; if any index falls below its initial level but finishes at or above its 75% barrier level, par; otherwise, full exposure to the decline of the worst performing index from its initial level
Initial levels:	35,405.50 for Dow, 2,239.269 for Russell, 15,368.92 for Nasdaq
Barrier levels:	26,554.125 for Dow, 1,679.45175 for Russell, 11,526.69 for Nasdaq; 75% of initial levels
Pricing date:	Aug. 25
Settlement date:	Aug. 30
Agent:	J.P. Morgan Securities LLC
Fees:	0.6%
Cusip:	48132WFS3

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