New York, Oct. 31 – JPMorgan Chase Financial Co. LLC priced $3.9 million of 0% buffered digital notes due Nov. 9, 2023 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes at or above initial level, the payout at maturity will be par plus 18.45%.
Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% that the index declines beyond 10%.
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: | Buffered digital notes
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| Underlying index: | S&P 500 index
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| Amount: | $3.9 million
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| Maturity: | Nov. 9, 2023
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index finishes at or above initial level, par plus 18.45%; par if index falls by up to 10%; otherwise, 1% loss for every 1% that index declines beyond 10%
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| Initial level: | 3,859.11
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| Buffer: | 10%
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| Strike date: | Oct. 25
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| Pricing date: | Oct. 26
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| Settlement date: | Oct. 28
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 0.1%
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| Cusip: | 48133PES8
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