New Issue: JPMorgan sells $1 million digital dual directional notes on Signet

By Marisa Wong

Morgantown, W.Va., March 21 – JPMorgan Chase Financial Co. LLC priced $1 million of 0% digital dual directional contingent buffered notes due April 3, 2019 linked to the common stock of Signet Jewelers Ltd., according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the stock gains, finishes flat or falls by up to 47.5%, the payout at maturity will be par plus 10%. Otherwise, investors will have one-to-one exposure to the stock’s decline from its initial price.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Digital dual directional contingent buffered notes
Underlying stock:	Signet Jewelers Ltd. (Symbol: SIG)
Amount:	$1 million
Maturity:	April 3, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If the stock gains, finishes flat or falls by up to 47.5%, par plus 10%; otherwise, one-to-one exposure to the stock’s decline from its initial price
Initial price:	$37.55
Final price:	Average of closing share prices on five trading days ending March 29, 2019
Pricing date:	March 15
Settlement date:	March 20
Agent:	J.P. Morgan Securities LLC
Fees:	1%
Cusip:	48129MEK8

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