By Wendy Van Sickle
Columbus, Ohio, Oct. 10 – JPMorgan Chase Financial Co. LLC priced $16.53 million of 0% digital equity notes due March 31, 2026 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If the index finishes at or above its initial level, the payout at maturity will be par plus 35%.
Otherwise, investors will have full exposure to the index decline.
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: | Digital equity notes
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| Underlying index: | Euro Stoxx 50 index
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| Amount: | $16.53 million
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| Maturity: | March 31, 2026
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| Coupon: | 0%
|
| Price: | Par
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| Payout at maturity: | If index finishes at or above initial level, par plus 35%; full exposure to loss
|
| Initial level: | 4,131.68
|
| Pricing date: | Sept. 28
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| Settlement date: | Oct. 5
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 2.17 %
|
| Cusip: | 48134BLC5
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