New York, July 20 – JPMorgan Chase Financial Co. LLC priced $250,000 of 0% capped dual directional buffered equity notes due Oct. 18, 2023 linked to the Euro Stoxx 50 index and 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 the worst performing asset return capped at par plus 34.05%.
The payout will be par plus 100% of the absolute value of the worst performing asset return if the worst performing asset declines but by no more than the 15% buffer.
Investors will lose 1% for every 1% that the worst performing asset declines beyond the buffer.
The securities are non-callable.
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 dual directional buffered equity notes
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| Underlying assets: | Euro Stoxx 50 index and iShares MSCI EAFE ETF
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| Amount: | $250,000
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| Maturity: | Oct. 18, 2023
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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 worst performing asset return capped at par plus 34.05%; par plus 100% of absolute value of worst performing asset return if worst performing asset declines but by no more than 15% buffer; 1% loss for every 1% that worst performing asset declines beyond the buffer
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| Call: | Non-callable
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| Initial levels: | 3,586.18 for Euro Stoxx 50, $61.11 for iShares MSCI EAFE ETF
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| Cap: | 34.05%
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| Buffer: | 15%
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| Pricing date: | Sept. 13, 2022
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| Settlement date: | Sept. 16, 2022
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 0.6%
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| Cusip: | 48133MR36
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