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 3/28/2024 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $480,000 notes linked S&P 500 Dividend Aristocrats

By Kiku Steinfeld

Chicago, March 28 – JPMorgan Chase Financial Co. LLC priced $480,000 of 0% notes due July 3, 2025 linked to the S&P 500 Dividend Aristocrats Risk Control 8% Excess Return index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 140% of the index return, subject to a minimum payout of par.

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:Notes
Underlying index:S&P 500 Dividend Aristocrats Risk Control 8% Excess Return
Amount:$480,000
Maturity:July 3, 2025
Coupon:0%
Price:Par
Payout at maturity:Par plus 140% of index return, subject to minimum payout of par
Initial level:2,515.710
Pricing date:June 30, 2023
Settlement date:July 6, 2023
Agent:J.P. Morgan Securities LLC
Fees:0.25%
Cusip:48133XJC1

© 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.