New York, Dec. 15 – JPMorgan Chase Financial Co. LLC priced $1.5 million of 0% uncapped digital barrier notes due Dec. 17, 2030 linked to the S&P 500 Equal Weight index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index gains the payout at maturity will be par plus the greater of the index return and 51.75%. The payout will be par if the index declines but finishes above its 65% barrier and investors will lose 1% for every 1% that the index declines if it finishes below the barrier.
The notes are guaranteed by JPMorgan Chase & Co.
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: | Uncapped digital barrier notes
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| Underlying index: | S&P 500 Equal Weight index
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| Amount: | $1.5 million
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| Maturity: | Dec. 17, 2030
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index gains, par plus greater of index return and 51.75%; par if index declines but finishes above its barrier; 1% loss for every 1% that index declines if it finishes below its barrier
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| Initial level: | 6,158.94
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| Digital payment: | 51.75%
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| Barrier: | 4,003.311, 65% of initial level
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| Pricing date: | Dec. 12
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| Settlement date: | Dec. 15
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 3.35%
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| Cusip: | 48134RM39
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