New Issue: JPMorgan prices $350,000 digital notes tied to indexes

By Wendy Van Sickle

Columbus, Ohio, May 25 – JPMorgan Chase Financial Co. LLC priced $350,000 of 0% digital notes due June 3, 2019 linked to the Russell 2000 index, the S&P 500 index and the Euro Stoxx 50, according to a 424B2 filed with the Securities and Exchange Commission.

If each index closes at or above 66% of its initial level, the payout at maturity will be par plus the fixed return of 6.12%.

Otherwise, investors will receive par if the worst performing index finishes at or above its initial level and will be fully exposed to any decline of the worst performing index.

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 notes
Underlying indexes:	Russell 2000, S&P 500 and Euro Stoxx 50
Amount:	$350,000
Maturity:	June 3, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If each index closes at or above 66% of initial level every day during life of notes, par plus 6.12%; otherwise, 1% loss for each 1% decline of worst performing index or par if worst performing index finishes at or above initial level
Initial index levels:	1,625.237 for Russell, 2,724.44 for S&P and 3,587.25 for Stoxx
Trigger levels:	1,072.65642 for Russell, 1,798.1304 for S&P, 2,367.585 for Stoxx, 66% of initial levels
Pricing date:	May 22
Settlement date:	May 25
Agent:	J.P. Morgan Securities LLC
Fees:	0.65%
Cusip:	48129MUF1

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