Chicago, June 1 – JPMorgan Chase Financial Co. LLC priced $1 million of yield notes due Feb. 14, 2022 linked to the common stock of 3D Systems Corp., according to a 424B2 filing with the Securities and Exchange Commission.
Investors will receive a coupon of 9%, paid monthly.
If the stock gains or ends above its 60.68847% barrier level, the payout at maturity will be par plus the coupon. Otherwise, investors will fully be exposed to of any decline in the stock.
The notes are non-callable.
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: | Yield notes
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| Underlying stock: | 3D Systems Corp.
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| Amount: | $1 million
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| Maturity: | Feb. 14, 2022
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| Coupon: | 9%, paid monthly
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| Price: | Par
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| Payout at maturity: | If stock finishes at or above its barrier, par; otherwise, full exposure to decline of stock
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| Initial level: | $29.05
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| Barrier level: | $17.63, 60.68847% of initial level
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| Call: | Non-callable
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| Pricing date: | Nov. 9, 2021
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| Settlement date: | Nov. 15, 2021
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 1%
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| Cusip: | 48132YTJ4
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