New Issue: JPMorgan sells $1.71 million buffered digital notes on S&P 500

By Kiku Steinfeld

Chicago, Jan. 11 – JPMorgan Chase Financial Co. LLC priced $1.71 million of 0% buffered digital notes due Jan. 5, 2023 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the index finishes at or above 90% of the initial level, the payout at maturity will be par plus 12%. Otherwise, investors will lose 1% for every 1% index decline beyond the 10% buffer.

The agent is J.P. Morgan Securities LLC.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Buffered digital notes
Underlying index:	S&P 500 index
Amount:	$1,714,000
Maturity:	Jan. 5, 2023
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If the index finishes at or above 90% of the initial level, par plus 12%; otherwise, 1% loss for every 1% index decline beyond the 10% buffer
Initial value:	3,732.04
Pricing date:	Dec. 30
Settlement date:	Jan. 5
Agent:	J.P. Morgan Securities LLC
Fees:	None
Cusip:	48132RAR1

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