Chicago, May 25 – JPMorgan Chase Financial Co. LLC priced $330,000 of 0% autocallable buffered return enhanced notes due Nov. 2, 2023 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index gains the payout will be par plus 200% of the index return. Investors will receive par if the index declines but ends at or above its 15% barrier. Otherwise, they will lose 1% for every 1% that the index declines from its initial level.
The notes will be called automatically on Nov. 11, 2022 at a premium of 11% if the index closes above its initial value.
The notes are guaranteed by JPMorgan Chase & Co.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
|
| Issue: | Autocallable buffered return enhanced notes
|
| Underlying index: | Euro Stoxx 50 index
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| Amount: | $330,000
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| Maturity: | Nov. 2, 2023
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index gains par plus 200% of index return; par if index declines but by no more than 15% barrier; otherwise, 1% loss for every 1% that index declines from its initial level
|
| Initial level: | 4,250.56
|
| Upside leverage: | 200%
|
| Barrier level: | 85%
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| Call: | Automatically on Nov. 11 at a premium of 11% if the index closes above its initial value
|
| Pricing date: | Oct. 29, 2021
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| Settlement date: | Nov. 3, 2021
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 1.5%
|
| Cusip: | 48132YJK2
|
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