Chicago, Jan. 28 – JPMorgan Chase Financial Co. LLC priced $1 million of 0% autocallable digital barrier notes due April 29, 2027 linked to the performance of the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be automatically called at par plus an annual call premium of 14% if the index closes at or above its initial level on any yearly call date.
If the notes are not called and the final index level is greater than or equal its initial level, the payout at maturity will be par plus the greater of 30% and the index return.
If the index declines but finishes at or above its 75% barrier value, the payout at maturity will be par. Otherwise, investors will be fully exposed to its losses.
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 digital barrier notes
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| Underlying index: | Euro Stoxx 50 index
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| Amount: | $1,000,000
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| Maturity: | April 29, 2027
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index finishes at or above initial level, par plus greater of 30% and index return; if index declines but finishes at or above barrier level, par; otherwise, investors will be fully exposed to its losses
|
| Call: | Automatically at par plus an annual 14% call premium if index closes at or above its initial level on any yearly call date
|
| Initial level: | 3,721.36
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| Barrier level: | 2,791.02; 75% of initial level
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| Pricing date: | April 26, 2022
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| Settlement date: | April 29, 2022
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 2.35%
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| Cusip: | 48133FRH0
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