New Issue: JPMorgan sells $675,000 buffered digital notes on Dow Jones

By Kiku Steinfeld

Chicago, Feb. 9 – JPMorgan Chase Financial Co. LLC priced $675,000 of 0% buffered digital notes due April 29, 2022 linked to the Dow Jones industrial average, 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 its initial level, the payout at maturity will be par plus 6%. If the index declines by up to 10%, the payout will be par. Investors will lose 1% for every 1% index decline beyond the 10% buffer.

The agent is J.P. Morgan Securities LLC.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Buffered digital notes
Underlying index:	Dow Jones industrial average
Amount:	$675,000
Maturity:	April 29, 2022
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If the index finishes at or above initial level, par plus 6%; if index declines by up to 10%, par; 1% loss for every 1% index decline beyond the 10% buffer
Initial value:	30,937.04
Pricing date:	Jan. 26
Settlement date:	Jan. 29
Agent:	J.P. Morgan Securities LLC
Fees:	1.8%
Cusip:	48132RAV2

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