Chicago, Aug. 26 – JPMorgan Chase Financial Co. LLC priced $2 million of 0% capped accelerated barrier notes due Jan. 23, 2025 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index gains the payout at maturity will be par plus 300% of the return of the index capped at par plus 37%. The payout will be par if the index declines but finishes above its 75% barrier. Investors will lose 1% for every 1% that the index declines if it closes below its barrier.
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 index: | Euro Stoxx 50 index
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| Amount: | $2 million
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| Maturity: | Jan. 23, 2025
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index gains par plus 300% of index return capped at par plus 37%; par if index declines but finishes above its downside barrier; 1% loss for every 1% that index declines if it finishes below its downside barrier
|
| Initial level: | 4,299.61
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| Upside leverage: | 300%
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| Cap: | 37%
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| Barrier: | 3,224.7075, 75% of initial level
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| Pricing date: | Jan. 20
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| Settlement date: | Jan. 25
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| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 2.75%
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| Cusip: | 48133CRZ7
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