New Issue: JPMorgan prices $863,000 contingent buffered digital notes on indexes

By Marisa Wong

Morgantown, W.Va., Dec. 20 – JPMorgan Chase Financial Co. LLC priced $863,000 of 0% contingent buffered digital notes due Dec. 19, 2024 linked to the S&P 500 index, the Russell 2000 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the final value of each asset is greater than or equal to its initial value, the payout at maturity will be par plus 63%.

If the final value of any asset is less than its initial value but none falls by more than 30%, the payout will be par.

If any asset falls by more than 30%, investors will be fully exposed to the least performing asset’s decline from its initial value.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Contingent buffered digital notes
Underlying assets:	S&P 500 index, Russell 2000 and Dow Jones industrial average
Amount:	$863,000
Maturity:	Dec. 19, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If the final value of each asset is greater than or equal to its initial value, par plus 63%; if the final value of any asset is less than its initial value but none falls by more than 30%, par; otherwise, investors will be fully exposed to the lesser-performing asset’s decline from its initial value
Initial values:	2,675.81 for S&P, 1,530.425 for Russell and 24,651.74 for Dow
Pricing date:	Dec. 15
Settlement date:	Dec. 22
Agent:	J.P. Morgan Securities LLC
Fees:	None
Cusip:	48129HNA1

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