New York, April 13 – JPMorgan Chase Financial Co. LLC priced $5.68 million of 0% digital contingent buffered notes due April 23, 2024 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes at or above 80% of initial level, the payout at maturity will be par plus 10.02%.
Otherwise, investors will be fully exposed to the decline of the index from its initial level.
The notes are guaranteed by JPMorgan Chase & Co.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase Financial Co. LLC
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| Guarantor: | JPMorgan Chase & Co.
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| Issue: | Digital contingent buffered notes
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| Underlying index: | S&P 500 index
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| Amount: | $5,682,000
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| Maturity: | April 23, 2024
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index finishes at or above 80% of initial level, par plus 10.02%; otherwise, full exposure to the decline of index from initial level
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| Initial level: | 4,105.02
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| Digital payment: | 10.02%
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| Contingent buffer: | 20%
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| Pricing date: | April 6
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| Settlement date: | April 12
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 1%
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| Cusip: | 48133VXC9
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