New Issue: JPMorgan sells $6.51 million digital contingent buffered notes on S&P

By William Gullotti

Buffalo, N.Y., June 30 – JPMorgan Chase Financial Co. LLC priced $6.51 million of 0% digital contingent buffered notes due July 13, 2022 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 gains, finishes flat or falls by up to 15%, payout at maturity will be par plus 6.7%. Otherwise, investors will be exposed to the index’s decline from the initial level.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Digital contingent buffered notes
Underlying index:	S&P 500 index
Amount:	$6,507,000
Maturity:	July 13, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 6.7% unless index falls by more than 15%, in which case full exposure to decline from the initial level
Initial level:	4,280.7
Barrier level:	85% of initial level
Final level:	Average of index closing levels for five trading days ending July 8, 2022
Pricing date:	June 25
Settlement date:	June 30
Agent:	J.P. Morgan Securities LLC
Fees:	1%
Cusip:	48132URU9

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