JPMorgan plans to price trigger gears linked to Russell 1000 Value

By Sarah Lizee

Olympia, Wash., Aug. 21 – JPMorgan Chase Financial Co. LLC plans to price 0% trigger gears due Aug. 29, 2025 linked to the Russell 1000 Value index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

The payout at maturity will be par plus 1.35 to 1.4 times any index gain.

If the index falls by up to 25%, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

J.P. Morgan Securities LLC and UBS Financial Services Inc. are the agents.

The notes will price on Aug. 26.

The Cusip number is 48132L152.

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