New Issue: JPMorgan prices $6.69 million digital contingent buffered notes linked to Russell, S&P

By Wendy Van Sickle

Columbus, Ohio, Oct. 13 – JPMorgan Chase Financial Co. LLC priced $6.69 million of 0% digital contingent buffered notes due Nov. 6, 2024 linked to the lesser performing of the Russell 2000 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index gains or falls by no more than its 40% contingent buffer the payout at maturity will be par plus 8.82%. The payout will be par less the decline in the worst performing index if it finishes below the contingent buffer.

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:	Digital contingent buffered notes
Underlying indexes:	Russell 2000 index and S&P 500 index
Amount:	$6,688,000
Maturity:	Nov. 6, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing index gains or declines but by no more than 40% contingent buffer, par plus 8.82%; full exposure to the decline of worst performing index if it finishes below the contingent buffer
Initial levels:	1,720.8 for Russell, 4,242.55 for S&P
Contingent buffer level:	60% of initial level
Digital payment:	8.82%
Contingent buffer:	40%
Pricing date:	Oct. 6
Settlement date:	Oct. 12
Agent:	J.P. Morgan Securities LLC
Fees:	0.5%
Cusip:	48134BRN5

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