By Kiku Steinfeld
Chicago, June 25 – JPMorgan Chase Financial Co. LLC priced $5.93 million of 0% digital contingent buffered notes due June 15, 2023 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the final index level is greater than or equal to the initial index level or is less than the initial index level by up to 19.1%, the payout at maturity will be par plus 10%.
Otherwise, investors will lose 1% for every 1% that the final index level is less than the initial index level.
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: | Digital contingent buffered notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $5,925,000
|
| Maturity: | June 15, 2023
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If final level is greater than or equal to initial level or is less than initial level by up to 19.1%, par plus 10%; if final level is less than initial level by more than 19.1%, 1% loss for every 1% that final index level is less than initial index level
|
| Initial level: | 4,126.70
|
| Final index level: | Average of index’s closing levels on five trading days ending June 12, 2023
|
| Pricing date: | June 11
|
| Settlement date: | June 16
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 1.5%
|
| Cusip: | 48132UMS9
|
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