By Kiku Steinfeld
Chicago, Jan. 21 – JPMorgan Chase Financial Co. LLC priced $1.2 million of 0% uncapped digital barrier notes due Jan. 19, 2027 linked to the FTSE 100 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes at or above its initial level, the payout at maturity will be par plus the digital return of 32.3%.
If the index declines by no more than 40%, the payout will be par.
Otherwise, investors will be fully exposed to the decline of the index from its initial level.
The notes are guaranteed by JPMorgan Chase & Co.
The agent is J.P. Morgan Securities LLC.
| Issuer: | JPMorgan Chase Financial Co. LLC
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| Guarantor: | JPMorgan Chase & Co.
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| Issue: | Uncapped digital barrier notes
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| Underlying index: | FTSE 100
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| Amount: | $1.2 million
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| Maturity: | Jan. 19, 2027
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| Coupon: | 0%
|
| Price: | Par
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| Payout at maturity: | If index finishes at or above its initial level, par plus 32.3%; if index declines by no more than 40%, par; otherwise, full exposure to any losses
|
| Initial level: | 6,745.52
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| Barrier level: | 4,047.312; 60% of initial level
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| Pricing date: | Jan. 13
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| Settlement date: | Jan. 19
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 3.35%
|
| Cusip: | 48132RHR4
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