New York, Nov. 14 – JPMorgan Chase Financial Co. LLC priced $2.11 million of 0% review notes due Sept. 28, 2026 linked to the Euro Stoxx 50 index and the MSCI Emerging Markets index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be called automatically at a premium of 14.55% per year if the worst performing index closes at or above 90% of its initial value on any annual observation date.
If the worst performing index ends at or above its 70% downside threshold, the payout at maturity will be par.
Otherwise, investors will lose 1% for every 1% that the worst performing index declines from initial level.
The notes are guaranteed by JPMorgan Chase & Co.
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: | Review notes
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Underlying indexes: | Euro Stoxx 50 index and MSCI Emerging Markets index
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Amount: | $2.11 million
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Maturity: | Sept. 28, 2026
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If worst performing index finishes at or above its downside threshold level, par; otherwise, 1% loss for every 1% that worst performing index declines from initial level
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Call: | Automatically at a premium of 14.55% per year if the worst performing index closes at or above 90% of its initial value on any annual observation date
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Initial levels: | 3,348.60 for Euro Stoxx 50, 905.84 for MSCI Emerging Markets
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Downside thresholds: | 2,344.02 for Euro Stoxx 50, 634.088 for MSCI Emerging Markets, 70% of initial level
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Pricing date: | Sept. 23
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Settlement date: | Sept. 28
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Agent: | J.P. Morgan Securities LLC
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Fees: | 0%
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Cusip: | 48133MA59
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