New Issue: JPMorgan sells $1 million capped accelerated barrier notes on BofA, Citigroup

By William Gullotti

Buffalo, N.Y., Jan. 11 – JPMorgan Chase Financial Co. LLC priced $1 million of 0% capped accelerated barrier notes due Jan. 8, 2026 linked to the stock performance of Bank of America Corp. and Citigroup Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If each stock finishes above its initial value, the payout at maturity will be par plus 300% of the gain of the least performing stock, subject to a maximum payout of par plus 127%.

If the worst performer finishes flat or declines by up to 20%, the payout will be par. Otherwise, investors will be fully exposed to the worst performer’s decline from its initial value.

The agent is J.P. Morgan Securities LLC.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped accelerated barrier notes
Underlying stocks:	Bank of America Corp., Citigroup Inc.
Amount:	$1,001,000
Maturity:	Jan. 8, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any gain in the least performing stock, capped at par plus 127%; par if worst performer finishes flat or declines by up to 20%; otherwise, 1% loss for every 1% decline of the worst performer from its initial value
Initial values:	$46.75 for Citigroup, $34.07 for Bank of America
Barrier values:	$37.40 for Citigroup, $27.256 for Bank of America; 80% of initial values
Strike date:	Jan. 5
Pricing date:	Jan. 6
Settlement date:	Jan. 11
Agent:	J.P. Morgan Securities LLC
Fees:	0.6%
Cusip:	48133TSR7

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