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Published on 11/16/2021 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $785,000 uncapped accelerated barrier notes on Stoxx indexes

By Kiku Steinfeld

Chicago, Nov. 16 – JPMorgan Chase Financial Co. LLC priced $785,000 of 0% uncapped accelerated barrier notes due Aug. 4, 2026 linked to the least performing of the Euro Stoxx 50 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 index finishes above its initial level, the payout at maturity will be par plus 2.3 times the return of the worst performing index.

If any index falls but each index finishes at or above the 70% barrier level, the payout will be par.

Otherwise, investors will be fully exposed to the decline of the worst performing index.

The agent is J.P. Morgan Securities LLC.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Uncapped accelerated barrier notes
Underlying indexes:Euro Stoxx 50 index, Stoxx Europe 600 index
Amount:$785,000
Maturity:Aug. 4, 2026
Coupon:0%
Price:Par
Payout at maturity:If each index finishes above its initial level, par plus 2.3 times the return of the worst performing index; if any index falls but all indexes finish at or above the barrier level, par; otherwise, investors will be fully exposed to the decline of the worst performing index from its initial level
Initial index levels:4,089.30 for Stoxx 50, 461.74 for Stoxx Europe
Barrier levels:2,862.51 for Stoxx 50, 323.218 for Stoxx Europe; 70% of initial levels
Pricing date:July 30
Settlement date:Aug. 4
Agent:J.P. Morgan Securities LLC
Fees:0.62134%
Cusip:48132UVF7

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