New Issue: JPMorgan prices $2.56 million digital notes linked to iShares U.S. Real Estate

By Angela McDaniels

Tacoma, Wash., Dec. 2 – JPMorgan Chase Financial Co. LLC priced $2.56 million of 0% digital notes due Nov. 28, 2018 linked to the iShares U.S. Real Estate exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the final share price is greater than or equal to the initial share price, the payout at maturity will be par plus 22%. If the ETF finishes below its initial share price, investors will be exposed to the decline.

J.P. Morgan Securities LLC is the underwriter.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Digital notes
Underlying ETF:	iShares Dow Jones U.S. real estate ETF
Amount:	$2,562,000
Maturity:	Nov. 28, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If final share price is greater than or equal to initial share price, par plus 22%; if ETF finishes below initial share price, exposure to decline
Initial share price:	$74.54
Pricing date:	Nov. 23
Settlement date:	Nov. 29
Underwriter:	J.P. Morgan Securities LLC
Fees:	3%
Cusip:	17324CCE4

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