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Published on 5/23/2018 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $971,000 contingent buffered digital notes tied to Euro Stoxx

By Marisa Wong

Morgantown, W.Va., May 23 – JPMorgan Chase Financial Co. LLC priced $971,000 of 0% contingent buffered digital notes due May 23, 2024 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 112%. If the index falls by up to 40%, the payout will be par. If the final index level is less than the initial index level by more than 40%, 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:$971,000
Maturity:May 23, 2024
Coupon:0%
Price:Par
Payout at maturity:If final index level is greater than or equal to initial index level, par plus 112%; if index falls by up to 40%, par; if final index level is less than initial index level by more than 40%, full exposure to index’s decline from initial level
Initial index level:3,573.76
Pricing date:May 18
Settlement date:May 25
Agent:J.P. Morgan Securities LLC
Fees:None
Cusip:48129MRK4

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