New Issue: JPMorgan sells $1.68 million contingent buffered digital notes on Amazon

By Taylor Fox

New York, Sept. 25 – JPMorgan Chase Financial Co. LLC priced $1.68 million of 0% contingent buffered digital notes due Oct. 14, 2021 linked to the common stock of Amazon.com, Inc. according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the stock gains, finishes flat or falls by up to 34%, the payout at maturity will be par plus 10%.

Otherwise, investors will lose 1% for each 1% decline.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Contingent buffered digital notes
Underlying stock:	Amazon.com
Amount:	$1,675,000
Maturity:	Oct. 14, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If stock gains, finishes flat or falls by up to 34%, par plus 10%; otherwise, 1% loss for each 1% decline
Initial level:	$3,116.22
Contingent buffer:	66% of initial level
Pricing date:	Sept. 11
Settlement date:	Sept. 16
Agent:	J.P. Morgan Securities LLC
Fees:	None
Cusip:	48132MX89

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