New Issue: JPMorgan prices $1.5 million buffered digital notes on Russell, S&P, Dow

By William Gullotti

Buffalo, N.Y., April 20 – JPMorgan Chase Financial Co. LLC priced $1.5 million of 0% buffered digital notes due May 18, 2023 linked to the least performing of the Dow Jones industrial average, 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 70% of their initial levels, the payout at maturity will be par plus a 4.4% digital return.

Otherwise, investors will lose 1% for each 1% decline of the worst performer beyond the 30% buffer.

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:	Buffered digital notes
Underlying indexes:	Russell 2000 index, S&P 500 index, Dow Jones industrial average
Amount:	$1.5 million
Maturity:	May 18, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 4.4% digital return if each index finishes at or above 70% of initial levels; otherwise 1% loss for each 1% decline of worst performer beyond 30% buffer
Initial levels:	2,025.102 for Russell, 4,446.59 for S&P, 34,564.59 for Dow
Buffer levels:	70% of initial levels
Pricing date:	April 13
Settlement date:	April 19
Agent:	J.P. Morgan Securities LLC
Fees:	0.6%
Cusip:	48133FCF0

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