New York, June 21 – JPMorgan Chase Financial Co. LLC priced $1.31 million of 0% digital contingent buffered notes due June 29, 2023 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index gains or falls by no more than 25%, the payout at maturity will be par plus 10.01%. Otherwise, investors will be fully exposed to the decline of the index from its initial level.
The notes are guaranteed by JPMorgan Chase & Co.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase Financial Co. LLC
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| Guarantor: | JPMorgan Chase & Co.
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| Issue: | Digital contingent buffered notes
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| Underlying index: | S&P 500 index
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| Amount: | $1.31 million
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| Maturity: | June 29, 2023
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index gains or declines but by no more than 25% buffer, par plus 10.01%; otherwise, full exposure to the decline of index from initial level
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| Initial level: | 3,749.63
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| Digital payment: | 10.01%
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| Contingent buffer: | 25%
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| Pricing date: | June 14
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| Settlement date: | June 17
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 1%
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| Cusip: | 48133G4P5
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