JPMorgan plans to issue uncapped dual directional accelerated barrier notes on EAFE ETF, Stoxx

By Emma Trincal

New York, Jan. 14 – JPMorgan Chase Financial Co. LLC plans to issue 0% uncapped dual directional accelerated barrier notes due Jan. 17, 2025 linked to the iShares MSCI EAFE ETF and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If each underlier finishes at or above the initial level, the payout at maturity will be par plus at least 2.11 times the return of the lesser performing underlier. The exact leverage factor will be set at pricing.

If any underlier falls but each underlier finishes at or above 85% of its initial level, the payout will be par plus the absolute value of the worst performer’s return.

Otherwise, investors will lose 1% for each 1% decline of the worst performer from its initial level.

J.P. Morgan Securities LLC is the agent.

The notes were expected to price on Jan. 14 and to settle on Jan. 20.

The Cusip number is 48133CC34.

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