By William Gullotti
Buffalo, N.Y., April 22 – JPMorgan Chase Financial Co. LLC priced $3.48 million of 0% digital equity notes due Feb. 6, 2026 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If the index finishes at or above 85% of initial level, the payout at maturity will be par plus 17.33%.
Otherwise, investors will lose 1.1765% for every 1% that the index declines beyond 15%.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
|
| Issue: | Digital equity notes
|
| Underlying index: | Euro Stoxx 50 index
|
| Amount: | $3,478,000
|
| Maturity: | Feb. 6, 2026
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index finishes at or above 85% of initial level, par plus 17.33%; otherwise, 1.1765% loss for every 1% decline beyond 15%
|
| Initial level: | 4,990.9
|
| Buffer level: | 85% of initial level
|
| Pricing date: | April 9
|
| Settlement date: | April 16
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | None
|
| Cusip: | 48134XWU5
|
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