New Issue: JPMorgan sells $15.13 million digital contingent buffered notes linked to S&P 500

By Marisa Wong

Los Angeles, March 6 – JPMorgan Chase Financial Co. LLC priced $15.13 million of 0% digital contingent buffered notes due March 17, 2021 linked to the S&P 500 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 or is less than the initial index level by up to 22.65%, the payout at maturity will be par plus 8%. Otherwise, investors will lose 1% for every 1% that the final index level is less than the initial index level.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Digital contingent buffered notes
Underlying index:	S&P 500
Amount:	$15,125,000
Maturity:	March 17, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than or equal to initial level or is less than initial level by up to 22.65%, par plus 8%; otherwise, 1% loss for every 1% that final level is less than initial level
Initial level:	2,954.22
Final level:	Average of index’s closing levels on five trading days ending March 12, 2021
Pricing date:	Feb. 28
Settlement date:	March 4
Agent:	J.P. Morgan Securities LLC
Fees:	1%
Cusip:	48132KDC6

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