By William Gullotti
Buffalo, N.Y., Nov. 27 – JPMorgan Chase Financial Co. LLC priced $3.07 million of 0% notes due May 21, 2026 linked to the Bloomberg Commodity index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If the final index level is greater than the initial index level, the payout at maturity will be par plus the index return.
Otherwise, investors will receive par.
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: | Notes
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Underlying index: | Bloomberg Commodity index
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Amount: | $3,065,000
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Maturity: | May 21, 2026
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If final index level is greater than initial index level, par plus index return; otherwise, par
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Initial level: | 101.9202
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Pricing date: | Nov. 17
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Settlement date: | Nov. 22
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Agent: | J.P. Morgan Securities LLC
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Fees: | 0.75%
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Cusip: | 48133WV70
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