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Published on 8/9/2021 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $544,000 uncapped accelerated barrier notes on MSCI EAFE, Stoxx Europe 600

By Kiku Steinfeld

Chicago, Aug. 9 – JPMorgan Chase Financial Co. LLC priced $544,000 of 0% uncapped accelerated barrier notes due July 21, 2026 linked to the lesser performing of the MSCI EAFE index and the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If each underlier finishes at or above its initial level, the payout at maturity will be par plus 2 times the return of the worst performer.

If either underlier falls but each underlier finishes at or above the 65% barrier level, the payout will be par.

Otherwise, investors will be fully exposed to the decline of the worst performing underlier from its initial level.

The agent is J.P. Morgan Securities LLC.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Uncapped accelerated barrier notes
Underlying assets:MSCI EAFE index, Stoxx Europe 600 index
Amount:$544,000
Maturity:July 21, 2026
Coupon:0%
Price:Par
Payout at maturity:If each underlier finishes at or above its initial level, par plus 2 times the return of the worst performing underlier; if either underlier falls but all underliers finish at or above the barrier level, par; otherwise, investors will be fully exposed to the decline of the worst performer from its initial level
Initial levels:2,302.8 for EAFE, 454.74 for Stoxx
Barrier levels:1,496.8265 for EAFE, 295.581 for Stoxx; 65% of initial levels
Pricing date:July 16
Settlement date:July 21
Agent:J.P. Morgan Securities LLC
Fees:1.09053%
Cusip:48132U3T8

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