New York, Jan. 23 – JPMorgan Chase Financial Co. LLC priced $4.15 million of callable contingent interest notes due Jan. 15, 2026 linked to the VanEck Gold Miners ETF, according to a 424B2 filing with the Securities and Exchange Commission.
Investors will receive a coupon of 10.25%, paid quarterly, if the underlying fund closes at or above its 70% coupon barrier on the related quarterly observation date.
The securities may be called at par on any quarterly review date.
If the ETF finishes at or above its 80% buffer threshold, the payout at maturity will be par plus the coupon.
Otherwise, investors will lose 1% for every 1% that the ETF declines beyond 20%.
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: | Callable contingent interest notes
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| Underlying ETF: | VanEck Gold Miners ETF
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| Amount: | $4.15 million
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| Maturity: | Jan. 15, 2026
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| Coupon: | 10.25%, paid quarterly, if the underlying fund closes at or above its 70% coupon barrier on the related quarterly observation date
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| Price: | Par
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| Payout at maturity: | If ETF finishes at or above its buffer threshold level, par; otherwise, 1% loss for every 1% that ETF declines beyond 20%
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| Call option: | At par on any quarterly review date
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| Initial level: | $29.70
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| Buffer threshold: | $23.76, 80% of initial level
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| Coupon barrier: | $20.79, 70% of initial level
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| Pricing date: | Jan. 12
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| Settlement date: | Jan. 18
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 0.4%
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| Cusip: | 48134TQF4
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