New Issue: JPMorgan prices $500,000 digital barrier notes linked to S&P, Nasdaq, Dow

By William Gullotti

Buffalo, N.Y., Nov. 18 – JPMorgan Chase Financial Co. LLC priced $500,000 of 0% digital barrier notes due Sept. 9, 2022 linked to the least performing of the Dow Jones industrial average, the Nasdaq-100 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If all indexes finish at or above the 84.95% barrier level, the payout at maturity will be par plus 10%.

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, S&P 500 index
Amount:	$500,000
Maturity:	Sept. 9, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If all indexes finish at or above barrier level, par plus 10%; otherwise, full exposure to the decline of the worst performing index from its initial level
Initial levels:	35,064.25 for Dow, 4,429.1 for S&P, 15,181.64 for Nasdaq
Barrier levels:	29,787.08038 for Dow, 3,762.52045 for S&P, 12,896.80318 for Nasdaq; 84.95% of initial levels
Pricing date:	Aug. 5
Settlement date:	Aug. 10
Agent:	J.P. Morgan Securities LLC
Fees:	0.6%
Cusip:	48132UW66

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