Chicago, Aug. 17 – JPMorgan Chase Financial Co. LLC priced $456,170 of 0% jump securities due July 25, 2024 linked to the MSCI Emerging Markets index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
At maturity, if the index finishes at or above its initial level, the payout will be the greater of par plus 23.3% and par plus the index return.
Otherwise, investors will be fully exposed to any decline.
J.P. Morgan Securities LLC is the agent with Morgan Stanley Wealth Management handling distribution.
| Issuer: | JPMorgan Chase Financial Co. LLC
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| Guarantor: | JPMorgan Chase & Co.
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| Issue: | Jump securities
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| Underlying index: | MSCI Emerging Markets index
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| Amount: | $456,170
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| Maturity: | July 25, 2024
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If the index finishes above its initial level, the greater of par plus 23.3% and par plus the index return; otherwise, investors lose 1% for each 1% decline from initial level
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| Initial level: | 990.37
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| Pricing date: | July 22, 2022
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| Settlement date: | July 27, 2022
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| Agent: | J.P. Morgan Securities LLC with Morgan Stanley Wealth Management handling distribution
|
| Fees: | 2.5%
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| Cusip: | 48133H879
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