New Issue: JPMorgan sells $855,000 digital contingent buffered notes on S&P

By William Gullotti

Buffalo, N.Y., Feb. 7 – JPMorgan Chase Financial Co. LLC priced $855,000 of 0% digital contingent buffered notes due May 4, 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 20%, payout at maturity will be par plus 5.45%. Otherwise, investors will be fully 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:	$855,000
Maturity:	May 4, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 5.45% unless index falls by more than 20%, in which case full exposure to decline from the initial level
Initial level:	4,185.47
Barrier level:	80% of initial level
Final level:	Average of index closing levels for five trading days ending April 29, 2022
Pricing date:	April 16
Settlement date:	April 21
Agent:	J.P. Morgan Securities LLC
Fees:	1%
Cusip:	48132TUX2

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