By William Gullotti
Buffalo, N.Y., Jan. 19 – JPMorgan Chase Financial Co. LLC priced $3.06 million of 0% contingent buffered equity return notes due Jan. 20, 2027 linked to the Euro Stoxx Select Dividend 30 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 the greater of the index return and 89%.
Investors will receive par if the index falls by up to 25% and will lose 1% for each 1% decline from the initial level if the index falls by more than the contingent buffer.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
|
| Issue: | Contingent buffered equity return notes
|
| Underlying index: | Euro Stoxx Select Dividend 30
|
| Amount: | $3,055,000
|
| Maturity: | Jan. 20, 2027
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| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If the index finishes flat or gains, par plus the greater of 89% and index return; par if the index falls by up to contingent buffer; otherwise, 1% loss for each 1% decline from initial level
|
| Initial level: | 1,999.88
|
| Contingent buffer level: | 75% of initial level
|
| Pricing date: | Jan. 14
|
| Settlement date: | Jan. 20
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 3%
|
| Cusip: | 48133CRQ7
|
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