New Issue: JPMorgan sells $2.46 million contingent buffered digital notes tied to Euro Stoxx

By Marisa Wong

Morgantown, W.Va., Jan. 2 – JPMorgan Chase Financial Co. LLC priced $2.46 million of 0% contingent buffered digital notes due Dec. 27, 2023 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the final index level is greater than or equal to the initial index level, the payout at maturity will be par plus 85%. If the index falls by up to 30%, the payout will be par. If the final index level is less than the initial index level by more than 30%, investors will be fully exposed to the index’s decline from its initial level.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Contingent buffered digital notes
Underlying index:	Euro Stoxx 50
Amount:	$2,463,000
Maturity:	Dec. 27, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than or equal to initial index level, par plus 85%; if index falls by up to 30%, par; if final index level is less than initial index level by more than 30%, full exposure to index’s decline from initial level
Initial index level:	3,570.78
Pricing date:	Dec. 21
Settlement date:	Dec. 29
Agent:	J.P. Morgan Securities LLC
Fees:	3.5%
Cusip:	48129HRA7

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