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Published on 4/13/2020 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $253,000 capped notes due 2023 linked to Stoxx 50

Chicago, April 13 – JPMorgan Chase Financial Co. LLC priced $253,000 of 0% capped notes due March 31, 2023 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The payout at maturity will be par plus any index gain, capped at par plus 40%. If the index finishes flat or falls, the payout will be par plus the index return, subject to a minimum payout of 95% of par.

The agent is J.P. Morgan Securities LLC.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Capped notes
Underlying index:Euro Stoxx 50 index
Amount:$253,000
Maturity:March 31, 2023
Coupon:0%
Price:Par
Payout at maturity:Par plus any index gain, capped at par plus 40%; if index finishes flat or falls, par plus the index return, subject to a minimum payout of 95% of par
Initial value:2,786.90
Pricing date:March 31
Settlement date:April 3
Agent:J.P. Morgan Securities LLC
Fees:0.78656%
Cusip:48132KBU8

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