Chicago, May 8 – JPMorgan Chase Financial Co. LLC priced $7.69 million of 0% buffered PLUS due Nov. 5, 2025 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus 200% of the index return subject to a maximum return of par plus 35.1%. Investors will receive par if the index declines by 15% or less and will lose 1% for every 1% that it declines beyond 15%.
The notes are guaranteed by JPMorgan Chase & Co.
J.P. Morgan Securities LLC is the agent. Morgan Stanley Wealth Management will act as distributor.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
|
| Issue: | Buffered PLUS
|
| Underlying index: | Euro Stoxx 50 index
|
| Amount: | $7,689,000
|
| Maturity: | Nov. 5, 2025
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index return is positive, par plus 200% of index return subject to a maximum return of par plus 35.1%; par if index declines by 15% or less; 1% loss for every 1% that index declines beyond 15%
|
| Initial level: | 4,359.31
|
| Buffer: | 15%
|
| Upside leverage: | 200%
|
| Cap: | 35.1%
|
| Pricing date: | April 28
|
| Settlement date: | May 4
|
| Agent: | J.P. Morgan Securities LLC
|
| Distributor: | Morgan Stanley Wealth Management
|
| Fees: | 3%
|
| Cusip: | 48133V5Q9
|
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