New Issue: JPMorgan sells $11.01 million digital notes on S&P 500, EAFE ETF

By Wendy Van Sickle

Columbus, Ohio, May 3 – JPMorgan Chase Financial Co. LLC priced $11.01 million of 0% digital notes due June 4, 2019 linked to the lesser performing of the S&P 500 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If each underlying closes at or above 65% of its initial level on each day during the monitoring period, the payout at maturity will be par plus the digital return of 9.3%.

Otherwise, investors will receive par plus the return of the lesser performing asset, capped at par.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Digital notes
Underlyings:	S&P 500 index, iShares MSCI EAFE ETF
Amount:	$11,005,000
Maturity:	June 4, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If each underlying finishes above 65% of initial level on each day, par plus 9.3%; otherwise, par plus return of lesser-performing asset, capped at par
Initial levels:	2,648.05 for index and $46.92 for ETF
Pricing date:	April 30
Settlement date:	May 3
Agent:	J.P. Morgan Securities LLC
Fees:	0%
Cusip:	48129MMX1

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