New Issue: JPMorgan prices $949,000 digital equity notes due 2021 on MSCI EAFE index

By Sarah Lizee

Olympia, Wash., Dec. 24 – JPMorgan Chase Financial Co. LLC priced $949,000 of 0% digital equity notes due May 12, 2021 linked to the MSCI EAFE 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 index level, the payout at maturity will be the threshold settlement amount of $1,093 per $1,000 of notes.

Otherwise, investors will lose 1.1111% for each 1% decline in the index beyond 10%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Digital equity notes
Underlying index:	MSCI EAFE
Amount:	$949,000
Maturity:	May 12, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above 90% threshold level, $1,093 per $1,000 of notes; otherwise, 1.1111% loss per 1% drop beyond 10%
Initial level:	1,981.63
Threshold level:	90% of initial level
Pricing date:	Dec. 6
Settlement date:	Dec. 13
Agent:	J.P. Morgan Securities LLC
Fees:	None
Cusip:	48132FX92

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