By Devika Patel
Knoxville, Tenn., Jan. 2 – JPMorgan Chase Financial Co. LLC priced $255,000 of notes due Nov. 30, 2023 linked to a basket of equally weighted indexes, according to a 424B2 filed with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
The basket consists of the Russell 2000 index and the Euro Stoxx 50 index, each with a 50% weight.
If the basket return is positive, the payout at maturity will be par plus 118% of any basket gain. If the basket is flat or falls, investors will receive par.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
|
| Issue: | Notes
|
| Underlying indexes: | Russell 2000 (50% weight) and Euro Stoxx 50 (50% weight)
|
| Amount: | $255,000
|
| Maturity: | Nov. 30, 2023
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| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 118% of any basket gain; par if basket remains flat or falls
|
| Initial levels: | 1,533.266 for Russell and 3,173.13 for Stoxx
|
| Pricing date: | Nov. 30
|
| Settlement date: | Dec. 5
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 0.53676%
|
| Cusip: | 48130WAC5
|
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