Chicago, Feb. 12 – JPMorgan Chase Financial Co. LLC priced $90,000 of 0% notes due Oct. 29, 2021 linked to the S&P Economic Cycle Factor Rotator index, according to a 424B2 with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
The payout at maturity will be par plus 105% of the index return if the index return is above its initial value.
Otherwise, investors will be exposed to the losses of the index, subject to a minimum payout of $950 per $1,000 principal amount of notes.
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: | S&P Economic Cycle Factor Rotator index
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| Amount: | $90,000
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| Maturity: | Oct. 29, 2021
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 105% of index return if index return is positive, otherwise 1-to-1 exposure to losses with minimum payout of $950 per $1,000 principal amount of notes
|
| Initial level: | 383.071
|
| Pricing date: | Jan. 31
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| Settlement date: | Feb. 5
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 0.5%
|
| Cusip: | 48132HPB2
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