New York, May 11 – JPMorgan Chase Financial Co. LLC priced $1.23 million of 0% uncapped dual directional buffered return enhanced notes due May 8, 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 will be par plus 140% of the index return.
The payout will be par plus the absolute value of the index return if the index declines by no more than 10%.
Otherwise, investors will lose 1% for every 1% that the index 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 index: | Euro Stoxx 50 index
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Amount: | $1,225,000
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Maturity: | May 8, 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 140% of index return; par plus absolute value of index return if index declines by no more than 10%; otherwise, 1% loss for every 1% that index declines beyond 10%
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Initial level: | 4,340.43
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Buffer: | 10%
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Pricing date: | May 5
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Settlement date: | May 10
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Agent: | J.P. Morgan Securities LLC
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Fees: | 0.5%
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Cusip: | 48133WGD4
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