New York, March 24 – JPMorgan Chase Financial Co. LLC priced $2.25 million of 0% uncapped dual directional accelerated barrier notes due March 22, 2028 linked to the Euro Stoxx 50 index and the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.
If the worst performing asset gains, the payout at maturity will be par plus 165% of the return of that asset.
The payout will be par plus the absolute value of the worst performing asset return if the worst performing asset declines but finishes at or above the 60% barrier.
Otherwise, investors will lose 1% for every 1% that the worst performing asset declines from initial level.
The notes are guaranteed by JPMorgan Chase & Co.
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 dual directional accelerated barrier notes
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| Underlying assets: | Euro Stoxx 50 index and iShares MSCI EAFE ETF
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| Amount: | $2.25 million
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| Maturity: | March 22, 2028
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If worst performing asset gains, par plus 165% of that asset’s return; par plus absolute value of worst performing asset return if worst performing asset declines but finishes at or above 60% barrier; otherwise, 1% loss for every 1% that worst performing asset declines from initial level
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| Initial levels: | 4,064.99 for Euro Stoxx 50, $67.18 for iShares MSCI EAFE ETF
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| Upside leverage: | 165%
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| Barriers: | 2,438.994 for Euro Stoxx 50, $40.308 for iShares MSCI EAFE ETF, 60% of initial level
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| Pricing date: | March 17
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| Settlement date: | March 22
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 0.75%
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| Cusip: | 48133URL8
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