By Marisa Wong
Los Angeles, July 13 – JPMorgan Chase Financial Co. LLC priced $50,000 of 0% notes due June 30, 2027 linked to the J.P. Morgan Balanced Value Dividends 5 index, according to a 424B2 with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If the index finishes above its initial level, the payout at maturity will be par plus 1.05 times the index gain. If the index finishes flat or falls, investors will receive par.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
|
| Issue: | Notes
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| Underlying index: | J.P. Morgan Balanced Value Dividends 5 index
|
| Amount: | $50,000
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| Maturity: | June 30, 2027
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 1.05 times any index gain; floor of par
|
| Initial level: | 209.38
|
| Pricing date: | June 25
|
| Settlement date: | June 30
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 4.275%
|
| Cusip: | 48132MCL3
|
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