New Issue: JPMorgan sells $805,000 contingent buffered digital notes on S&P, Russell

By Sarah Lizee

Olympia, Wash., Dec. 31 – JPMorgan Chase Financial Co. LLC priced $805,000 of 0% contingent buffered digital notes due June 24, 2021 linked to the least performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above 75% of its initial level, the payout at maturity will be par plus the contingent digital return of 11.25%.

Otherwise, investors will lose 1% for each 1% decline of the worse performing index.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Contingent buffered digital notes
Underlying indexes:	S&P 500 and Russell 2000
Amount:	$805,000
Maturity:	June 24, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above 75% of its initial level, par plus 11.25%; otherwise, 1% loss per 1% drop of worse performing index
Initial levels:	1,671.902 for Russell, 3,221.22 for S&P
Buffer amount:	75% of initial levels
Pricing date:	Dec. 20
Settlement date:	Dec. 30
Agent:	J.P. Morgan Securities LLC
Fees:	None
Cusip:	48132FY67

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