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Published on 9/5/2019 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $4.69 million digital notes linked to Russell, Stoxx

Chicago, Sept. 5 – JPMorgan Chase Financial Co. LLC priced $4.69 million of 0% digital notes due Sept. 17, 2020 linked to the lesser performing of the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If neither index closes below 62.5% of its initial value during the life of the notes, the payout at maturity will be par plus 6.15%.

Otherwise, investors will be exposed to the losses of the least performing index.

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 notes
Underlying indexes:Russell 2000 and Euro Stoxx 50
Amount:$4,691,000
Maturity:Sept. 17, 2020
Coupon:0%
Price:Par
Payout at maturity:If neither index closes below 62.5% of initial value during the life of the notes, the payout will be par plus 6.15%, otherwise full exposure to losses of final value of least performing index
Initial levels:1,467.522 for Russell 2000 and 3,288.70 for Euro Stoxx 50
Trigger values:917.20125 for Russell 2000 and 2,055.4375 for Euro Stoxx 50, 62.5% of initial values
Pricing date:Aug. 14
Settlement date:Aug. 19
Agent:J.P. Morgan Securities LLC
Fees:None
Cusip:48132CT60

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