New York, April 5 – JPMorgan Chase Financial Co. LLC priced $2.51 million of 0% uncapped buffered return enhanced notes due April 1, 2027 linked to the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the worst performing index gains, the payout at maturity will be par plus 139% of the return of that index.
The payout will be par if the worst performing index declines by no more than 20%. Otherwise, investors will lose 1.25% for every 1% that the worst performing index declines beyond 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: | Uncapped buffered return enhanced notes
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| Underlying indexes: | Russell 2000 index and S&P 500 index
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| Amount: | $2.51 million
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| Maturity: | April 1, 2027
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If worst performing index gains, par plus 139% of that index return; par if worst performing index declines by no more than 20%; otherwise, 1.25% loss for every 1% that worst performing index declines beyond 20%
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| Initial levels: | 3,977.53 for S&P 500, 1,753.673 for Russell 2000
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| Upside leverage: | 139%
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| Downside leverage: | 125%
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| Buffer: | 20%
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| Pricing date: | March 27
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| Settlement date: | March 30
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 0.5%
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| Cusip: | 48133VCM0
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