New Issue: JPMorgan prices $5.84 million digital equity notes on Euro Stoxx Banks

By Sarah Lizee

Olympia, Wash., Aug. 26 – JPMorgan Chase Financial Co. LLC priced $5.84 million of 0% digital equity notes due Aug. 14, 2023 linked to the Euro Stoxx Banks 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 $1,404.50 for each $1,000 principal amount of notes, and par plus the index return.

If the index return is negative, investors will be fully exposed to the decline.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Digital equity notes
Underlying index:	Euro Stoxx Banks index
Amount:	$5,839,000
Maturity:	Aug. 14, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If the index return is zero or positive, greater of $1,404.50 for each $1,000 principal amount of notes and par plus the index return; otherwise, full exposure to the index decline
Initial level:	98.02
Pricing date:	Aug. 10
Settlement date:	Aug. 17
Agent:	J.P. Morgan Securities LLC
Fees:	1.73%
Cusip:	48132UJ53

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