Chicago, Feb. 5 – JPMorgan Chase Financial Co. LLC priced $2.38 million of 0% uncapped contingent buffered return enhanced notes due Jan. 31, 2024 linked to the lesser performing of the iShares MSCI EAFE ETF and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If each underlier finishes above its initial value the payout at maturity will be par plus the lesser performing underlier return times a 3.35 upside leverage factor.
If the lowest performing underlier falls by less than 50% the payout at maturity will be par.
If either underlier falls by more than 50%, investors will lose 1% for each 1% decline of the lesser-performing underlier.
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 contingent buffered return enhanced notes
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| Underliers: | iShares MSCI EAFE ETF and Euro Stoxx 50 index
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| Amount: | $2,383,000
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| Maturity: | Jan. 31, 2024
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If each underlier finishes at or above its initial value payout will be par plus lesser underlier return times 3.35; par if either underlier falls by up to 50%; if either underlier falls below 50%, 1% loss for each 1% decline of the lesser-performing underlier
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| Initial levels: | $62.68 for iShares MSCI EAFE ETF and 3,159.43 for Euro Stoxx 50
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| Pricing date: | Jan. 31
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| Settlement date: | Feb. 5
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 0.6848%
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| Cusip: | 48130WQH7
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