New Issue: JPMorgan sells $3.33 million buffered digital notes due 2020 on S&P 500

By Susanna Moon

Chicago, Nov. 7 – JPMorgan Chase Financial Co. LLC priced $3.33 million of 0% buffered digital notes due Oct. 29, 2020 linked to the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par plus the digital return of 14.50491%.

Investors will receive par if the index falls by up to 15% and will be exposed to any losses beyond the 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:	Buffered digital notes
Underlying asset:	S&P 500 index
Amount:	$3,327,000
Maturity:	Oct. 29, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains, par plus 14.50491%; if index falls by up to 15%, par; otherwise, 1% loss per 1% decline beyond 15%
Initial level:	2,658.69
Pricing date:	Oct. 26
Settlement date:	Oct. 31
Agent:	J.P. Morgan Securities LLC
Fees:	0.75%
Cusip:	48130UK79

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