Published on 5/26/2022 in the Prospect News Structured Products Daily.
New Issue: JPMorgan prices $4.38 million capped notes linked to Dow Jones
New York, May 26 – JPMorgan Chase Financial Co. LLC priced $4.38 million of 0% capped notes due May 25, 2027 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.
If the index gains, the payout at maturity will be par plus the return of the index capped at par plus 53%.
Otherwise, investors will receive par.
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 notes
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| Underlying index: | Dow Jones industrial average
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| Amount: | $4,381,000
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| Maturity: | May 25, 2027
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index gains, par plus return capped at par plus 53%; otherwise, par
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| Initial level: | 31,261.90
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| Cap: | 53%
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| Pricing date: | May 20
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| Settlement date: | May 25
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 0%
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| Cusip: | 48133F2C8
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