New York, April 21 – JPMorgan Chase Financial Co. LLC priced $904,000 of 0% capped dual directional buffered equity notes due June 30, 2023 linked to the Russell 2000 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the worst performing index gains the payout will be par plus the worst performing index return capped at par plus 12.75%.
The payout will be par plus 100% of the absolute value of the worst performing index return if the worst performing index declines but by no more than the 15% buffer.
Investors will lose 1% for every 1% that the worst performing index declines beyond the buffer.
The securities are non-callable.
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: | Capped dual directional buffered equity notes
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Underlying indexes: | Russell 2000 index and S&P 500 index
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Amount: | $904,000
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Maturity: | June 30, 2023
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If worst performing index gains par plus worst performing index return capped at par plus 12.75%; par plus 100% of absolute value of worst performing index return if worst performing index declines but by no more than 15% buffer; 1% loss for every 1% that worst performing index declines beyond the buffer
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Call: | Non-callable
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Initial levels: | 1,887.896 for Russell 2000, 4,158.24 for S&P 500
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Cap: | 12.75%
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Buffer: | 15%
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Pricing date: | May 27, 2022
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Settlement date: | June 2, 2022
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Agent: | J.P. Morgan Securities LLC
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Fees: | 1.9%
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Cusip: | 48133GJM6
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