New Issue: JPMorgan prices $1.68 million digital barrier notes linked to Russell, S&P, Dow

By William Gullotti

Buffalo, N.Y., Jan. 18 – JPMorgan Chase Financial Co. LLC priced $1.68 million of 0% digital barrier notes due Feb. 16, 2023 linked to the least performing of the Dow Jones industrial average, the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If all indexes finish at or above the 70% barrier level, the payout at maturity will be par plus 6.1%.

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, S&P 500 index, Russell 2000 index
Amount:	$1.68 million
Maturity:	Feb. 16, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If all indexes finish at or above barrier levels, par plus 6.1%; otherwise, full exposure to the decline of the worst performing index from its initial level
Initial levels:	36,290.32 for Dow, 2,176.057 for Russell, 4,726.35 for S&P
Barrier levels:	25,403.224 for Dow, 1,523.2399 for Russell, 3,308.445 for S&P; 70% of initial levels
Pricing date:	Jan. 12
Settlement date:	Jan. 18
Agent:	J.P. Morgan Securities LLC
Fees:	0.725%
Cusip:	48133CC42

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