New Issue: JPMorgan sells $5.2 million contingent buffered digital notes on Stoxx, Russell

By Sarah Lizee

Olympia, Wash., Oct. 17 – JPMorgan Chase Financial Co. LLC priced $5.2 million of 0% contingent buffered digital notes due Nov. 16, 2020 linked to the least performing of the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above 67.5% of its initial level, the payout at maturity will be par plus the contingent digital return of 7%

Otherwise, investors will lose 1% for each 1% decline of the worse 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:	Contingent buffered digital notes
Underlying indexes:	Euro Stoxx 50 and Russell 2000
Amount:	$5,198,000
Maturity:	Nov. 16, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above 67.5% of its initial level, par plus 7%; otherwise, 1% loss per 1% drop of worse performing index
Initial levels:	3,569.92 for Stoxx, 1,511.9 for Russell
Buffer amount:	67.5% of initial levels
Pricing date:	Oct. 11
Settlement date:	Oct. 17
Agent:	J.P. Morgan Securities LLC
Fees:	None
Cusip:	48132FVL7

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