New Issue: JPMorgan prices $2.36 million uncapped digital barrier notes tied to Dow, Nasdaq, S&P

By Wendy Van Sickle

Columbus, Ohio, Jan. 10 – JPMorgan Chase Financial Co. LLC priced $2.36 million of 0% uncapped digital barrier notes due Jan. 6, 2028 linked to the Dow Jones industrial average, the Nasdaq-100 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index ends at or above its 75% barrier, the payout at maturity will be par plus the greater of the worst performing index return and 46.5%.

Otherwise, investors will lose 1% for every 1% that the worst performing index declines from initial level.

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:	Uncapped digital barrier notes
Underlying indexes:	Dow Jones industrial average, Nasdaq-100 index and S&P 500 index
Amount:	$2,359,000
Maturity:	Jan. 6, 2028
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing index finishes at or above its 75% barrier, par plus greater of worst performing index return and 46.5%; otherwise, 1% loss for every 1% that worst performing index declines from initial level
Initial levels:	37,430.19 for Dow Jones industrial average, 16,368.49 for Nasdaq-100, 4,704.81 for S&P 500
Barriers:	28,072.6425 for Dow Jones industrial average, 12,276.3675 for Nasdaq-100, 3,528.6075 for S&P 500, 75% of initial levels
Pricing date:	Jan. 3
Settlement date:	Jan. 8
Agent:	J.P. Morgan Securities LLC
Fees:	0%
Cusip:	48134RM96

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