New Issue: JPMorgan sells $5.66 million buffered digital notes tied to index, fund

By Susanna Moon

Chicago, Nov. 30 – JPMorgan Chase Financial Co. LLC priced $5.66 million of 0% buffered digital notes due May 23, 2019 linked to the lesser performing of the Russell 2000 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If each underlying component finishes at or above its initial level, the payout at maturity will be par plus the fixed return of 13.75%.

Investors will receive par if either asset falls by up to 20% and will lose 1.25% for each 1% decline of the worse performing index or fund beyond the 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 assets:	Russell 2000 and iShares MSCI EAFE ETF
Amount:	$5,656,000
Maturity:	May 23, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If each index gains, par plus 13.75%; if either index falls by up to 20%, par; otherwise, 1.25% loss per 1% drop of worse performing index beyond 20%
Initial levels:	1,492.822 for Russell, $68.91 for fund
Strike date:	Nov. 17
Pricing date:	Nov. 20
Settlement date:	Nov. 24
Agent:	J.P. Morgan Securities LLC
Fees:	0.15%
Cusip:	48129HQB6

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