By Wendy Van Sickle
Columbus, Ohio, Dec. 22 – JPMorgan Chase Financial Co. LLC priced $43.05 million of 0% capped market-linked securities due Aug. 12, 2026 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any gain in the index, subject to a maximum payout of par plus 30%.
Otherwise, investors will receive par.
JPMorgan Chase & Co. guarantees the notes.
J.P. Morgan Securities LLC and UBS Financial Services Inc. are the agents.
Issuer: | JPMorgan Chase Financial Co. LLC
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Guarantor: | JPMorgan Chase & Co.
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Issue: | Capped market-linked securities
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Underlying index: | S&P 500 index
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Amount: | $43.05 million
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Maturity: | Aug. 12, 2026
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus any gain, capped at par plus 30%; otherwise, par
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Initial level: | 3,852.36
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Pricing date: | Dec. 16
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Settlement date: | Dec. 21
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Agents: | J.P. Morgan Securities LLC and UBS Financial Services Inc.
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Fees: | 2.5%
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Cusip: | 48133PZF3
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