Chicago, Aug. 21 – JPMorgan Chase Financial Co. LLC priced $450,000 of 0% uncapped dual directional buffered return enhanced notes due Aug. 5, 2027 linked to the lesser performing of the Euro Stoxx 50 index and iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.
If the worst performing asset gains the payout will be par plus 190% of the worst performing asset return.
The payout will be par plus the absolute value of the worst performing asset return if the worst performing asset declines but by no more than the 25% buffer.
Investors will lose 1% for every 1% that the worst performing asset 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: | Uncapped dual directional buffered return enhanced notes
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Underlying assets: | Euro Stoxx 50 index and iShares MSCI EAFE ETF
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Amount: | $450,000
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Maturity: | Aug. 5, 2027
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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 190% of worst performing asset return; par plus absolute value of worst performing asset return if worst performing asset declines but by no more than 25% buffer; 1% loss for every 1% that worst performing asset declines beyond the buffer
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Call: | Non-callable
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Initial levels: | 3,684.63 for Stoxx, $64.76 for EAFE ETF
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Buffer levels: | 75% of initial levels
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Cap: | None
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Buffer: | 25%
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Pricing date: | Aug. 2, 2022
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Settlement date: | Aug. 5, 2022
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Agent: | J.P. Morgan Securities LLC
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Fees: | 0.50944%
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Cusip: | 48133LK76
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