New Issue: JPMorgan prices $495,000 digital barrier notes linked to S&P MidCap, S&P

By Taylor Fox

New York, Feb. 16 – JPMorgan Chase Financial Co. LLC priced $495,000 of 0% digital barrier notes due Jan. 24, 2022 linked to the least performing of the S&P 500 index and the S&P MidCap 400 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the least performing index finishes at or above its 50% of its initial level, the payout at maturity will be par plus the digital upside return of 2.1%.

If the worst performer finishes below 50% of its initial level, the payout will be par plus the return.

The notes are guaranteed by JPMorgan Chase & Co.

The agent is J.P. Morgan Securities LLC.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Digital barrier notes
Underlying indexes:	S&P 500, S&P MidCap 400 index
Amount:	$495,000
Maturity:	Jan. 24, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If the lesser performing index finishes at or above its 50% of its initial level, par plus 2.1%; if the lowest performer finishes below 50% of its initial level, full exposure to decline of worst performer
Initial levels:	3,768.25 for S&P, 2,424.03 for MidCap
Barrier levels:	1,884.125 for S&P, 1,212.015 for MidCap, 50% of initial levels
Pricing date:	Jan. 15
Settlement date:	Jan. 21
Agent:	J.P. Morgan Securities LLC
Fees:	0.6%
Cusip:	48132RHW3

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