New Issue: JPMorgan prices $3.61 million digital equity notes linked to Stoxx

By Wendy Van Sickle

Columbus, Ohio, Feb. 14 – JPMorgan Chase Financial Co. LLC priced $3.61 million of 0% digital equity notes due Aug. 18, 2021 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is at least 90% of its initial level, the payout at maturity will be the threshold settlement amount, $1,118.10 per $1,000 of notes.

Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% decline of the index beyond 10%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Company LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Digital equity notes
Underlying index:	Euro Stoxx 50 index
Amount:	$3,613,000
Maturity:	Aug. 18, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If the index return is at least 90% of its initial level, $1,118.10 per $1,000 of notes; par if the index falls by up to 10%; 1.1111% loss for every 1% decline of the index beyond 10%
Initial level:	3,854.43
Pricing date:	Feb. 12
Settlement date:	Feb. 20
Agent:	J.P. Morgan Securities LLC
Fees:	0%
Cusip:	48132H5V0

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