By Devika Patel
Knoxville, Tenn., Jan. 2 – JPMorgan Chase Financial Co. LLC priced $8,394,340 of 0% market-linked notes due Aug. 3, 2022 linked to an equally weighted basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
The basket consists of the S&P 500 index, the Euro Stoxx 50 index and the Topix index, each with a 33.33% weight.
The payout at maturity will be par of $10 plus any basket gain.
Investors will receive par if the basket declines.
J.P. Morgan Securities LLC is the agent, with Morgan Stanley Smith Barney LLC handling distribution.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
|
| Issue: | Market-linked notes
|
| Underlying basket: | S&P 500 index with a 33.33% weight, Euro Stoxx 50 index with a 33.33% weight and the Topix index with a 33.33% weight
|
| Amount: | $8,394,340
|
| Maturity: | Aug. 3, 2022
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus any basket gain; if the basket declines, par
|
| Initial levels: | 2,760.17 for S&P, 3,173.13 for Euro Stoxx and 1,667.45 for Topix
|
| Pricing date: | Nov. 30
|
| Settlement date: | Dec. 5
|
| Agent: | J.P. Morgan Securities LLC
|
| Distribution: | Morgan Stanley Smith Barney LLC
|
| Fees: | 3%
|
| Cusip: | 48130V368
|
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