By Wendy Van Sickle
Columbus, Ohio, March 4 – JPMorgan Chase Financial Co. LLC priced $86,000 of notes due Feb. 29, 2024 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 S&P 500 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 115% 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.
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| Issue: | Notes
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| Underlying indexes: | Euro Stoxx 50 (50% weight) and S&P 500 (50% weight)
|
| Amount: | $86,000
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| Maturity: | Feb. 29, 2024
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 115% of any basket gain; par if basket remains flat or falls
|
| Initial levels: | 3,298.26 for Stoxx and 2,784.49 for S&P 500
|
| Pricing date: | Feb. 28
|
| Settlement date: | March 5
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 1.125%
|
| Cusip: | 48130WXU0
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