By Wendy Van Sickle
Columbus, Ohio, Aug. 4 – JPMorgan Chase Financial Co. LLC priced $421,000 of 0% notes due Aug. 2, 2027 linked to the S&P Economic Cycle Factor Rotator index, according to a 424B2 with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
The payout at maturity will be par plus 105% of any index gain. If the index falls, the payout will be par.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
|
| Issue: | Notes
|
| Underlying index: | S&P Economic Cycle Factor Rotator index
|
| Amount: | $421,000
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| Maturity: | Aug. 2, 2027
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| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.05 times any index gain; par if index falls or is flat
|
| Initial level: | 367.674
|
| Pricing date: | July 28
|
| Settlement date: | July 31
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 3.65588%
|
| Cusip: | 48132MSJ1
|
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