By Emma Trincal
New York, Jan. 7 – JPMorgan Chase Financial Co. LLC priced $315,000 of 0% capped accelerated barrier notes due Jan. 5, 2026 linked to the iShares MSCI Emerging Markets ETF, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If the ETF finishes above its initial value, the payout at maturity will be par plus 1.5 times the return of the ETF, up to par plus 42.9%.
If the ETF falls but finishes at or above its barrier level, 70% of its initial value, the payout will be par.
If the ETF finishes below its barrier level, investors will be fully exposed to the decline of the ETF from its initial value.
The agent is J.P. Morgan Securities LLC.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
|
| Issue: | Capped accelerated barrier notes
|
| Underlying ETF: | iShares MSCI Emerging Markets ETF
|
| Amount: | $315,000
|
| Maturity: | Jan. 5, 2026
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.5 times any gain in the ETF, up to par plus 42.9%; if the ETF falls but finishes at or above its barrier level, par; otherwise, investors will be fully exposed to the decline of the ETF from its initial value
|
| Initial value: | $49.09
|
| Barrier level: | $34.363; 70% of initial value
|
| Pricing date: | Dec. 30
|
| Settlement date: | Jan. 4
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 0.5%
|
| Cusip: | 48133CFL1
|
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