Chicago, Oct. 12 – JPMorgan Chase Financial Co. LLC priced $400,000 of 0% buffered return enhanced notes due Oct. 5, 2027 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index gains the payout will be par plus 128.25% of the index return.
The payout will be par if the index declines but by no more than 20%.
Investors will lose 1% for every 1% that the index declines from its initial level.
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
|
| Guarantor: | JPMorgan Chase & Co.
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| Issue: | Buffered return enhanced notes
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| Underlying index: | S&P 500 index
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| Amount: | $400,000
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| Maturity: | Oct. 5, 2027
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index gains par plus 128.25% of index return; par if index declines but by no more than 20%; 1% loss for every 1% that index declines from initial level
|
| Call: | Non-callable
|
| Initial level: | 3,585.62
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| Barrier level: | 80% of initial level
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| Upside leverage: | 128.25%
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| Pricing date: | Sept. 30, 2022
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| Settlement date: | Oct. 5, 2022
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| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 3%
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| Cusip: | 48133NMT2
|
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