New Issue: JPMorgan sells $2.16 million contingent buffered digital notes on Nasdaq, S&P

By Sarah Lizee

Olympia, Wash., April 2 – JPMorgan Chase Financial Co. LLC priced $2.16 million of 0% contingent buffered digital notes due April 29, 2021 linked to the least performing of the Nasdaq-100 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above 70% of its initial level, the payout at maturity will be par plus the contingent digital return of 15%.

Otherwise, the payout will be par plus the return of the lesser performing index with full exposure to the decline.

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:	Nasdaq-100 and S&P 500
Amount:	$2,161,000
Maturity:	April 29, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above 70% of its initial level, par plus the contingent digital return of 15%; otherwise, par plus the return of the lesser performing index with full exposure to the decline
Initial levels:	7,469.615 for Nasdaq, 2,475.56 for S&P
Trigger levels:	70% of initial levels
Pricing date:	March 25
Settlement date:	March 30
Agent:	J.P. Morgan Securities LLC
Fees:	None
Cusip:	48132KMT9

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