New Issue: JPMorgan sells $3.58 million digital contingent buffered notes on S&P 500

By Sarah Lizee

Olympia, Wash., April 28 – JPMorgan Chase Financial Co. LLC priced $3.58 million of 0% digital contingent buffered notes due May 7, 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 index gains, finishes flat or falls by up to 20%, payout at maturity will be par plus 14%. Otherwise, investors will be 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:	Digital contingent buffered notes
Underlying index:	S&P 500 index
Amount:	$3,575,000
Maturity:	May 7, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 14% unless index falls by more than 20%, in which case full exposure to decline from the initial level
Initial level:	2,736.56
Final level:	Average of index closing levels for five trading days ending May 4, 2021
Pricing date:	April 22
Settlement date:	April 27
Agent:	J.P. Morgan Securities LLC
Fees:	1%
Cusip:	48132KXD2

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