New York, Oct. 3 – JPMorgan Chase Financial Co. LLC priced $1.99 million of 0% capped buffered equity notes due Oct. 1, 2026 linked to the common stock of Amazon.com, Inc., according to a 424B2 filing with the Securities and Exchange Commission.
If the stock gains the payout at maturity will be par plus 100% of the return of the stock capped at par plus 58%. The payout will be par if the stock declines but by no more than the 20% buffer. Investors will lose 1% for every 1% that the stock declines beyond the buffer.
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: | Capped buffered equity notes
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| Underlying stock: | Amazon.com, Inc.
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| Amount: | $1,989,000
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| Maturity: | Oct. 1, 2026
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If stock gains par plus 100% of stock return capped at par plus 58%; par if stock declines but by no more than 20% buffer; 1% loss for every 1% that stock declines beyond the buffer
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| Initial level: | $125.98
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| Upside leverage: | 100%
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| Cap: | 58%
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| Buffer: | 20%
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| Pricing date: | Sept. 26
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| Settlement date: | Sept. 29
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 3.65%
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| Cusip: | 48134APU3
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