E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 5/3/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1.08 million uncapped accelerated barrier notes linked to Euro Stoxx 50, Stoxx Europe 600

New York, May 3 – JPMorgan Chase Financial Co. LLC priced $1.08 million of 0% uncapped accelerated barrier notes due April 27, 2028 linked to the Euro Stoxx 50 index and Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index gains the payout at maturity will be par plus 265% of the return of the worst performing index. The payout will be par if the worst performing index declines but finishes above its 70% barrier. Investors will lose 1% for every 1% that the worst performing index declines if it closes below its barrier.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Uncapped accelerated barrier notes
Underlying indexes:Euro Stoxx 50 index and Stoxx Europe 600 index
Amount:$1,083,000
Maturity:April 27, 2028
Coupon:0%
Price:Par
Payout at maturity:If worst performing index gains par plus 265% of worst performing index return; par if worst performing index declines but finishes above its downside barrier; 1% loss for every 1% that worst performing index declines if it finishes below its downside barrier
Initial level:3,840.01 for Euro Stoxx 50 index, 453.31 for Stoxx Europe 600 index
Upside leverage:265%
Cap:None
Barrier:2,688.007 for Euro Stoxx 50 index, 317.317 for Stoxx Europe 600 index, 70% of initial level
Pricing date:April 22
Settlement date:April 27
Agent:J.P. Morgan Securities LLC
Fees:3.25%
Cusip:48133DW63

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.