New Issue: JPMorgan sells $56,000 buffered digital notes due 2022 linked to the Dow

By Sarah Lizee

Olympia, Wash., Sept. 27 – JPMorgan Chase Financial Co. LLC priced $56,000 of 0% buffered digital notes due Sept. 30, 2022 linked to the Dow Jones Industrial Average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the index finishes at or above 85% of its initial level, the payout at maturity will be par plus 23%.

Otherwise, investors will lose 1% for each 1% decline beyond 15%.

The agent is J.P. Morgan Securities LLC.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Buffered digital notes
Underlying index:	Dow Jones Industrial Average
Amount:	$56,000
Maturity:	Sept. 30, 2022
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If the index finishes at or above 85% of its initial level, par plus 23%; otherwise, 1% loss for each 1% decline beyond 15%
Initial value:	26,492.21
Pricing date:	Sept. 25
Settlement date:	Sept. 28
Agent:	J.P. Morgan Securities LLC
Fees:	3.3%
Cusip:	48130UFD2

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