By Wendy Van Sickle
Columbus, Ohio, Jan. 2 – JPMorgan Chase Financial Co. LLC priced $1.67 million of 0% trigger in-digital notes due Dec. 26, 2025 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes at or above its 75% downside threshold, the payout at maturity will be par plus 15.5%.
If the index declines more than 25%, investors will lose 1% for every 1% of the index’s decline from its initial level.
The notes will be guaranteed by JPMorgan Chase & Co.
UBS Financial Services Inc. and J.P. Morgan Securities LLC are the agents.
Issuer: | JPMorgan Chase Financial Co. LLC
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Guarantor: | JPMorgan Chase & Co.
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Issue: | Trigger in-digital notes
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Underlying index: | S&P 500 index
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Amount: | $1.67 million
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Maturity: | Dec. 26, 2025
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | If the index finishes at or above its downside threshold, par plus 15.5%; otherwise, full exposure to index decline from initial level
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Initial value: | 4,754.63
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Downside threshold: | 3,565.97; 75% of initial value
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Pricing date: | Dec. 26
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Settlement date: | Dec. 29
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Agents: | UBS Financial Services Inc. and J.P. Morgan Securities LLC
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Fees: | 1%
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Cusip: | 48131D516
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