By Marisa Wong
Morgantown, W.Va., March 28 – JPMorgan Chase Financial Co. LLC priced $1 million of 0% notes due March 27, 2023 linked to Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
The payout at maturity will be par plus an additional amount. The additional amount is equal to 1.31 times the index return, subject to a floor of zero.
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: | Notes
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| Underlying index: | Euro Stoxx 50
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| Amount: | $1 million
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| Maturity: | March 27, 2023
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 1.31 times the index return, subject to a floor of par
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| Initial index level: | 3,412.08 (closing level on March 20)
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| Pricing date: | March 22
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| Settlement date: | March 26
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 3.25%
|
| Cusip: | 48129MFA9
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