New Issue: JPMorgan sells $1 million digital dual directional buffered notes on Russell 2000

By Marisa Wong

Morgantown, W.Va., July 3 – JPMorgan Chase Financial Co. LLC priced $1 million of 0% digital dual directional contingent buffered notes due June 27, 2019 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 final index level is at least 75% of the initial index level, the payout at maturity will be par plus 12.3%. If the index falls by more than 25%, investors will lose 1% for every 1% decline below the initial level.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Digital dual directional contingent buffered notes
Underlying index:	Russell 2000 index
Amount:	$1 million
Maturity:	June 27, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is at least 75% of initial index level, par plus 12.3%; otherwise, 1% loss for every 1% decline below the initial level
Initial level:	1,414.778
Final index level:	Average of index’s closing levels on five trading days ending June 24, 2019
Pricing date:	June 23
Settlement date:	June 28
Agent:	J.P. Morgan Securities LLC
Fees:	1.5%
Cusip:	46647MC92

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