New York, March 15 – JPMorgan Chase Financial Co. LLC priced $9.3 million of 0% review notes due March 13, 2029 linked to the MerQube US Tech+ Vol Advantage index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be called automatically at a premium of 19.3% per year if the index closes at or above its initial value on any monthly review date starting March 17, 2025.
The notes are guaranteed by JPMorgan Chase & Co.
Investors will receive par if the index finishes at or above 85% of initial level and will lose 1% for each 1% that the index declines beyond 15%.
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: | Review notes
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| Underlying index: | MerQube US Tech+ Vol Advantage index
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| Amount: | $9,301,000
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| Maturity: | March 13, 2029
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par if index finishes at or above 85% of initial level; otherwise, 1% loss for each 1% decline beyond 15%
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| Call: | Automatically at a premium of 19.3% per year if the index closes at or above its initial value on any monthly review date starting March 17, 2025
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| Initial level: | 10,531.01
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| Pricing date: | March 8
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| Settlement date: | March 13
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 3.9%
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| Cusip: | 48134WWP8
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