New Issue: JPMorgan prices $1.11 million digital barrier notes linked to Russell, Nasdaq, Dow

By William Gullotti

Buffalo, N.Y., June 15 – JPMorgan Chase Financial Co. LLC priced $1.11 million of 0% digital barrier notes due Oct. 25, 2021 linked to the least performing of the Dow Jones industrial average, the Nasdaq-100 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the least performing index finishes at or above its 70% of its initial level, the payout at maturity will be par plus the digital upside return of 3.75%.

Otherwise, investors will be fully exposed to the decline of the least performing index from its initial level.

The notes are guaranteed by JPMorgan Chase & Co.

The agent is J.P. Morgan Securities LLC.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Digital barrier notes
Underlying indexes:	Dow Jones industrial average, Nasdaq-100 index, Russell 2000 index
Amount:	$1,107,000
Maturity:	Oct. 25, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If the lesser performing index finishes at or above its 75% of its initial level, par plus 3.75%; otherwise, full exposure to the decline of the worst performing index from its initial level
Initial levels:	34,084.15 for Dow, 2,207.76 for Russell, 13,494.09 for Nasdaq
Barrier levels:	23,858.905 for Dow, 1,545.432 for Russell, 9,445.863 for Nasdaq; 70% of initial levels
Pricing date:	May 20
Settlement date:	May 25
Agent:	J.P. Morgan Securities LLC
Fees:	0.6%
Cusip:	48132UAN3

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