New York, Oct. 25 – JPMorgan Chase Financial Co. LLC priced $1.05 million of 0% digital barrier notes due Oct. 22, 2027 linked to the MSCI Emerging Markets index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index ends at or above its initial level, the payout at maturity will be par plus 51.5%.
If the index declines by no more than 30%, the payout will be par plus 12%.
Otherwise, investors will lose 1% for every 1% that the index declines from its 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: | Digital barrier notes
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| Underlying index: | MSCI Emerging Markets index
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| Amount: | $1.05 million
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| Maturity: | Oct. 22, 2027
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index finishes at or above its initial level, par plus 51.5%; if index declines by no more than 30%, par plus 12%; otherwise, 1% loss for every 1% that index declines from initial level
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| Initial level: | 930.80
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| Barrier: | 651.56, 70% of initial level
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| Pricing date: | Oct. 19
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| Settlement date: | Oct. 24
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 0%
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| Cusip: | 48134BTU7
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