New York, Aug. 15 – JPMorgan Chase Financial Co. LLC priced $1 million of 0% uncapped digital barrier notes due Aug. 14, 2028 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index ends at or above its 65% barrier, the payout at maturity will be par plus the greater of the index return and 53.5%.
Otherwise, investors will lose 1% for every 1% that the index declines from initial level.
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 digital barrier notes
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| Underlying index: | Euro Stoxx 50 index
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| Amount: | $1 million
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| Maturity: | Aug. 14, 2028
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index finishes at or above its 65% barrier, par plus greater of index return and 53.5%; otherwise, 1% loss for every 1% that index declines from initial level
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| Initial level: | 4,317.33
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| Digital payment: | 53.5%
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| Barrier: | 2,806.2645, 65% of initial level
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| Pricing date: | Aug. 9
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| Settlement date: | Aug. 14
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 3.35%
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| Cusip: | 48133Y6U3
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