By Marisa Wong
Los Angeles, Sept. 8 – JPMorgan Chase Financial Co. LLC priced $758,000 of 0% uncapped contingent buffered return enhanced notes due Aug. 29, 2025 linked to the S&P 500 Low Volatility High Dividend 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 2 times any index gain. If the index finishes flat or falls by up to 25%, the payout will be par. Otherwise, investors will be exposed to the index’s decline from its initial level.
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: | Uncapped contingent buffered return enhanced notes
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Underlying index: | S&P 500 Low Volatility High Dividend index
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Amount: | $758,000
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Maturity: | Aug. 29, 2025
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 2 times any index gain; par if index finishes flat or falls by up to 25%; otherwise, full exposure to index decline from the initial level
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Initial value: | 5,674.34
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Pricing date: | Aug. 26
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Settlement date: | Aug. 31
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Agent: | J.P. Morgan Securities LLC
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Fees: | 2.5%
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Cusip: | 48132M4V0
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