New Issue: JPMorgan prices $1 million contingent digital buffered notes linked to S&P 500

New York, July 5 – JPMorgan Chase Financial Co. LLC priced $1 million of 0% contingent digital buffered notes due Jan. 10, 2024 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 15%, the payout at maturity will be par plus 14.65%. Otherwise, investors will lose 1.17647% for every 1% decline beyond 15%.

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 digital buffered notes
Underlying index:	S&P 500 index
Amount:	$1 million
Maturity:	Jan. 10, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains or declines by no more 15%, par plus 14.65%; otherwise, lose 1.17647% for every 1% decline beyond 15%
Initial level:	3,818.83
Digital payment:	14.65%
Buffer:	15%
Downside leverage:	117.647%
Strike date:	June 29
Pricing date:	June 30
Settlement date:	July 6
Agent:	J.P. Morgan Securities LLC
Fees:	1.25%
Cusip:	48133LEF5

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