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

By William Gullotti

Buffalo, N.Y., Feb. 7 – JPMorgan Chase Financial Co. LLC priced $500,000 of 0% digital barrier notes due May 19, 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 the least performing index finishes at or above its 75% of its initial level, the payout at maturity will be par plus the contingent digital return of 6.8%.

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, S&P 500
Amount:	$500,000
Maturity:	May 19, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If the least performing index finishes at or above its 75% of its initial level, par plus 6.8%; otherwise, full exposure to the decline of the worst performing index from its initial level
Initial levels:	34,035.99 for Dow, 14,026.19 for Nasdaq, 4,170.42 for S&P
Barrier levels:	25,526.9925 for Dow, 10,519.6425 for Nasdaq, 3,127.815 for S&P; 75% of initial levels
Pricing date:	April 15
Settlement date:	April 20
Agent:	J.P. Morgan Securities LLC
Fees:	0.6%
Cusip:	48132TUD6

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