New Issue: JPMorgan sells $314,000 buffered digital notes linked to S&P 500 index

By Sarah Lizee

Olympia, Wash., May 31 – JPMorgan Chase Financial Co. LLC priced $314,000 of 0% buffered digital notes due May 29, 2020 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 finishes at or above 90% of its initial level, the payout at maturity will be par plus 9.5%.

Otherwise, investors will lose 1% for each 1% decline beyond 10%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co
Issue:	Buffered digital notes
Underlying index:	S&P 500
Amount:	$314,000
Maturity:	May 29, 2020
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If index finishes at or above 90% initial level, par plus 9.5%; 1% loss per 1% drop beyond 10%
Initial level:	2,689.86
Pricing date:	May 29
Settlement date:	May 31
Agent:	J.P. Morgan Securities LLC
Fees:	2.8%
Cusip:	48129MRT5

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