New York, Jan. 18 – JPMorgan Chase Financial Co. LLC priced $1.96 million of 0% capped accelerated barrier notes due Jan. 2, 2026 linked to the KraneShares CSI China Internet ETF, according to a 424B2 filing with the Securities and Exchange Commission.
If the ETF gains, the payout at maturity will be par plus 150% of the return of the ETF, capped at par plus 71%.
The payout will be par if the ETF declines but finishes at or above its 80% barrier. Otherwise, investors will lose 1% for every 1% that the ETF declines from initial level.
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 accelerated barrier notes
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| Underlying ETF: | KraneShares CSI China Internet ETF
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| Amount: | $1,958,000
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| Maturity: | Jan. 2, 2026
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If ETF gains, par plus 150% of ETF return, capped at par plus 71%; par if ETF declines but finishes at or above its downside barrier; otherwise, 1% loss for every 1% that ETF declines from initial level
|
| Initial level: | $25.93
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| Upside leverage: | 150%
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| Cap: | 71%
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| Barrier: | $20.744, 80% of initial level
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| Pricing date: | Dec. 27
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| Settlement date: | Dec. 29
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 2.35%
|
| Cusip: | 48134TDW1
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