By Sarah Lizee
Olympia, Wash., March 3 – JPMorgan Chase Financial Co. LLC priced $448,000 of 0% uncapped contingent buffered return enhanced notes due Feb. 28, 2030 linked to the Euro Stoxx Banks index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes at or above its initial level, the payout at maturity will be par plus 4.2 times the gain of the index.
Investors will receive par if the index falls by up to 50%.
Otherwise, investors will lose 1% for each 1% decline of the index.
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 contingent buffered return enhanced notes
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Underlying index: | Euro Stoxx Banks
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Amount: | $448,000
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Maturity: | Feb. 28, 2030
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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 initial level, par plus 4.2 times gain; par if index falls by up to contingent buffer level; otherwise, 1% loss for each 1% decline
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Initial level: | 91.56
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Contingent buffer level: | 50% of initial level
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Pricing date: | Feb. 25
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Settlement date: | Feb. 28
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Agent: | J.P. Morgan Securities LLC
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Fees: | 5%
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Cusip: | 48132H4D1
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