New Issue: JPMorgan sells $11.43 million digital notes linked to S&P 500 Equal Weight Energy

By Wendy Van Sickle

Columbus, Ohio, March 17 – JPMorgan Chase Financial Co. LLC priced $11.43 million of 0% digital notes due April 6, 2022 linked to the S&P 500 Equal Weight Energy index, according to a 424B2 filing with the Securities and Exchange Commission.

The guarantor is JPMorgan Chase & Co.

If the index finishes at or above 90% of initial level, the payout at maturity will be par plus 18.65%.

Investors will lose 1.111% for each 1% index decline beyond 10%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Digital notes
Underlying index:	S&P 500 Equal Weight Energy index
Amount:	$11,425,000
Maturity:	April 6, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If the index closes at or above 90% of initial level, par plus 18.65%; otherwise, 1.1111% loss for each 1% decline beyond 10%
Initial level:	1,461.86
Buffer level:	90% of initial level
Pricing date:	March 2
Settlement date:	March 9
Underwriter:	J.P. Morgan Securities LLC
Fees:	0.93%
Cusip:	48132R6T2

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