Chicago, May 17 – JPMorgan Chase Financial Co. LLC priced an additional $100,000 of autocallable contingent interest notes due Oct. 9, 2026 linked to MerQube US Tech+ Vol Advantage index, according to a 424B2 filing with the Securities and Exchange Commission.
The level of the index reflects the deduction of a fee of 6% per annum that accrues daily.
Investors will receive a coupon of 10%, paid quarterly, if the underlying index closes at or above its 59.85% interest level on the related quarterly observation date.
The securities will be called automatically starting Jan. 6, 2023 and on any subsequent quarterly review date if the index is above its strike value.
At maturity the payout will be par unless the underlying index closes below its 59.85% trigger level in which case investors will be fully exposed to the decline of the index.
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: | Autocallable contingent interest notes
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| Underlying index: | MerQube US Tech+ Vol Advantage index
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| Amount: | $100,000
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| Maturity: | Oct. 9, 2026
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| Coupon: | 10% annual rate, paid quarterly, if the underlying index closes at or above its 59.85% interest barrier level on the related quarterly observation date
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| Price: | Par
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| Payout at maturity: | Par unless the index closes below its trigger level in which case investors will be fully exposed to the decline in the underlying index
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| Call: | Automatically starting Jan. 6, 2023 and on any subsequent quarterly review date if the index closes above its strike level
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| Initial levels: | 9,364.28
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| Interest barrier level: | 5,604.52158, 59.85% of initial level
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| Trigger level: | 5,604.52158, 59.85% of initial level
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| Strike date: | Oct. 6, 2021
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| Pricing date: | Oct. 7, 2021
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| Settlement date: | Oct. 25, 2021
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 0%
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| Cusip: | 48132WZ69
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