New York, July 7 – JPMorgan Chase Financial Co. LLC priced $1 million of 0% uncapped buffered return enhanced notes due July 1, 2027 linked to the Euro Stoxx 50 index and the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.
If the worst performing asset gains, the payout at maturity will be par plus 205% of the return of that asset.
The payout will be par if the worst performing asset declines by no more than 15%. Otherwise, investors will lose 1% for every 1% that the worst performing asset declines beyond 15%.
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 assets: | Euro Stoxx 50 index and iShares MSCI EAFE ETF
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| Amount: | $1 million
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| Maturity: | July 1, 2027
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If worst performing asset gains, par plus 205% of worst performing asset return; par if worst performing asset declines by no more than 15%; otherwise, 1% loss for every 1% that worst performing asset declines beyond 15%
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| Initial levels: | 3,538.88 for index, $63.50 for the ETF
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| Upside leverage: | 205%
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| Buffer: | 15%
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| Pricing date: | June 27
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| Settlement date: | June 30
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 4.125%
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| Cusip: | 48133GX99
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