New York, April 2 – JPMorgan Chase Financial Co. LLC priced $1.7 million of 0% autocallable buffered return enhanced notes due May 29, 2026 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be called automatically at a premium of 11.85% if the index closes at or above its initial value on May 27, 2025.
If the index gains, the payout at maturity will be par plus 150% of the index return.
Investors will receive par if the index declines by no more than 20% and will lose 1% for each 1% decline if the index declines by more than 20%.
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: | Autocallable buffered return enhanced notes
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| Underlying index: | S&P 500 index
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| Amount: | $1.7 million
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| Maturity: | May 29, 2026
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index gains, par plus 150% of index return; par if index declines by no more than 20%; otherwise, full exposure to decline of index from initial level
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| Call: | Automatically at a premium of 11.85% if the index closes at or above its initial value on May 27, 2025
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| Initial level: | 5,203.58
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| Upside leverage: | 150%
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| Contingent buffer: | 20%
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| Strike date: | March 26
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| Pricing date: | March 27
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| Settlement date: | April 2
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 1.583%
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| Cusip: | 48134XBG9
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