New Issue: JPMorgan sells $1.58 million contingent digital buffered notes on Russell 2000

By William Gullotti

Buffalo, N.Y., April 20 – JPMorgan Chase Financial Co. LLC priced $1.58 million of 0% contingent digital buffered notes due March 31, 2023 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the index gains, finishes flat or falls by up to 15%, payout at maturity will be par plus 7.84%. Otherwise, investors will lose 1.176471% for each 1% decline beyond the 15% buffer.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Contingent digital buffered notes
Underlying index:	Russell 2000 index
Amount:	$1,578,000
Maturity:	March 31, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 7.84% unless index falls by more than 15%, in which case 1.176471% loss for each 1% decline beyond the 15% buffer
Initial level:	2,281.003
Barrier level:	85% of initial level
Pricing date:	Sept. 27, 2021
Settlement date:	Sept. 30, 2021
Agent:	J.P. Morgan Securities LLC
Fees:	1.25%
Cusip:	48132WPE3

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