New York, Aug. 16 – JPMorgan Chase Financial Co. LLC priced $3.39 million of 0% capped notes due July 27, 2026 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.
If the index gains, the payout at maturity will be par plus the return of the index up to par plus 41.15%.
If the index finishes flat or declines, investors will receive par.
The notes are guaranteed by JPMorgan Chase & Co.
J.P. Morgan Securities LLC is the agent.
Issuer: | JPMorgan Chase Financial Co. LLC
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Guarantor: | JPMorgan Chase & Co.
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Issue: | Capped notes
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Underlying index: | Dow Jones industrial average
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Amount: | $3,387,000
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Maturity: | July 27, 2026
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If index gains, par plus index return capped at 41.15%; otherwise, par
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Initial level: | 31,899.29
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Cap: | 41.15%
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Pricing date: | July 22
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Settlement date: | July 27
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Agent: | J.P. Morgan Securities LLC
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Fees: | 0%
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Cusip: | 48133LGJ5
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