New Issue: JPMorgan prices $10.73 million digital buffered equity notes on Stoxx

By Sarah Lizee

Olympia, Wash., June 21 – JPMorgan Chase Financial Co. LLC priced $10.73 million of 0% digital buffered equity notes due June 23, 2020 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 index return is zero or positive, the payout at maturity will be the greater of the threshold settlement amount, $1,273 for each $1,000 principal amount, and par plus the index return.

If the index falls by up to 10%, the payout will be par. Investors will lose 1.1111% for every 1% decline beyond 10%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Digital buffered equity notes
Underlying index:	Euro Stoxx 50 index
Amount:	$10,731,000
Maturity:	June 23, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If the index return is zero or positive, the greater of the threshold settlement amount, $1,273 for each $1,000 principal amount, and par plus the index return; if the index falls by up to 10%, par; 1.1111% loss for every 1% decline beyond 10%
Initial level:	3,435.30
Pricing date:	June 19
Settlement date:	June 26
Agent:	J.P. Morgan Securities LLC
Fees:	2%
Cusip:	48129M2R6

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