New York, Nov. 10 – JPMorgan Chase Financial Co. LLC priced $1 million of 0% capped accelerated barrier notes due Nov. 5, 2026 linked to the Energy Select Sector SPDR Fund, according to a 424B2 filing with the Securities and Exchange Commission.
If the ETF gains, the payout at maturity will be par plus 200% of the return of the ETF, capped at par plus 98.5%.
The payout will be par if the ETF declines but finishes at or above its 80% barrier. Otherwise, investors will lose 1% for every 1% that the ETF declines from initial level.
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 accelerated barrier notes
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| Underlying ETF: | Energy Select Sector SPDR Fund
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| Amount: | $1,001,000
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| Maturity: | Nov. 5, 2026
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If ETF gains, par plus 200% of ETF return, capped at par plus 98.5%; par if ETF declines but finishes at or above its downside barrier; otherwise, 1% loss for every 1% that ETF declines from initial level
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| Initial level: | $87.56
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| Upside leverage: | 200%
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| Cap: | 98.5%
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| Barrier: | $70.048, 80% of initial level
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| Strike date: | Nov. 2
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| Pricing date: | Nov. 3
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| Settlement date: | Nov. 8
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| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 0.6%
|
| Cusip: | 48134RFT0
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