New Issue: JPMorgan prices $3.9 million contingent digital buffered notes linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, July 13 – JPMorgan Chase Financial Co. LLC priced $3.9 million of 0% contingent digital buffered notes due July 18, 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 20%, the payout at maturity will be par plus 8.5%. Otherwise, investors will lose 1.25% for every 1% decline beyond 20%.

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:	$3.9 million
Maturity:	July 18, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains or declines by no more 20%, par plus 8.5%; otherwise, lose 1.25% for every 1% decline beyond 20%
Initial level:	3,785.38
Digital payment:	8.5%
Buffer:	20%
Downside leverage:	1.25%
Strike date:	June 30
Pricing date:	July 1
Settlement date:	July 7
Agent:	J.P. Morgan Securities LLC
Fees:	1%
Cusip:	48133LHC9

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