New Issue: JPMorgan prices $575,000 buffered digital notes linked to S&P, Russell

By Kiku Steinfeld

Chicago, July 25 – JPMorgan Chase Financial Co. LLC priced $575,000 of 0% buffered digital notes due Feb. 2, 2023 linked to the lesser 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 final level of each index is greater than or equal to 90% of its initial level, the payout at maturity will be par plus 8%. Otherwise, investors will lose 1% for every 1% that the lesser-performing index declines beyond 10%.

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:	S&P 500 and Russell 2000
Amount:	$575,000
Maturity:	Feb. 2, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If final level of each index is greater than or equal to buffer level, par plus 8%; otherwise, 1% loss for every 1% that lesser-performing index declines beyond 10%
Initial levels:	4,778.73 for S&P 500 and 2,248.793 for Russell 2000
Buffer level:	90%
Pricing date:	Dec. 30, 2021
Settlement date:	Jan. 4, 2022
Agent:	J.P. Morgan Securities LLC
Fees:	0.725%
Cusip:	48133CJT0

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