New York, Feb. 27 – JPMorgan Chase Financial Co. LLC priced $4.35 million of 0% uncapped dual directional buffered return enhanced notes due Aug. 5, 2025 linked to the Euro Stoxx 50 index and the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.
If the worst performing asset gains, the payout will be par plus 170% of that asset’s return.
The payout will be par plus the absolute value of the worst performing asset return if the worst performing asset declines by no more than 10%.
Otherwise investors will lose 1% for every 1% that the worst performing asset declines beyond 10%.
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: | Uncapped dual directional buffered return enhanced notes
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Underlying assets: | Euro Stoxx 50 index and iShares MSCI EAFE ETF
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Amount: | $4,347,000
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Maturity: | Aug. 5, 2025
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If worst performing asset gains, par plus 170% of that asset’s return; par plus absolute value of worst performing asset return if worst performing asset declines by no more than 10%; otherwise, 1% loss for every 1% that worst performing asset declines beyond 10%
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Initial levels: | 4,163.45 for Euro Stoxx 50, $71.55 for iShares MSCI EAFE ETF
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Buffer: | 10%
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Pricing date: | Jan. 31
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Settlement date: | Feb. 3
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Agent: | J.P. Morgan Securities LLC
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Fees: | 0.35268%
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Cusip: | 48133TNN1
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