New Issue: JPMorgan prices $13.24 million digital notes linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., Aug. 6 – JPMorgan Chase Financial Co. LLC priced $13.24 million of 0% digital equity notes due May 11, 2021 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than or equal to negative 15%, the payout at maturity will be $1,102 per $1,000 principal amount of notes. Otherwise, investors will lose 1.1765% for every 1% that the index declines beyond 15%.

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:	Digital equity notes
Underlying index:	Russell 2000
Amount:	$13.24 million
Maturity:	May 11, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is greater than or equal to negative 15%, $1,102 per $1,000 principal amount of notes; otherwise, 1.1765% loss for every 1% that index declines beyond 15%
Initial level:	1,533.659
Pricing date:	Aug. 2
Settlement date:	Aug. 9
Agent:	J.P. Morgan Securities LLC
Fees:	1.29%
Cusip:	48132C7J6

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