New York, Dec. 21 – JPMorgan Chase Financial Co. LLC priced $1.14 million of 0% capped accelerated barrier notes due Jan. 21, 2027 linked to the iShares MSCI ACWI ETF, according to a 424B2 filing with the Securities and Exchange Commission.
If the ETF gains, the payout at maturity will be par plus 200% of the return of the ETF, capped at par plus 37.25%.
The payout will be par if the ETF declines but finishes at or above its 70% barrier. Otherwise, investors will lose 1% for every 1% that the ETF 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: | Capped accelerated barrier notes
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| Underlying ETF: | iShares MSCI ACWI ETF
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| Amount: | $1.14 million
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| Maturity: | Jan. 21, 2027
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If ETF gains, par plus 200% of ETF return, capped at par plus 37.25%; par if ETF declines but finishes at or above its downside barrier; otherwise, 1% loss for every 1% that ETF declines from initial level
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| Initial level: | $100.97
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| Upside leverage: | 200%
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| Cap: | 37.25%
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| Barrier: | $70.679, 70% of initial level
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| Pricing date: | Dec. 15
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| Settlement date: | Dec. 20
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 0%
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| Cusip: | 48134R3Y2
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