Published on 1/12/2024 in the Prospect News Structured Products Daily.
New Issue: JPMorgan prices $695,000 capped digital notes linked to J.P. Morgan Dynamic
New York, Jan. 12 – JPMorgan Chase Financial Co. LLC priced $695,000 of 0% capped digital notes due Jan. 8, 2027 linked to the J.P. Morgan Dynamic Blend index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index gains, the payout at maturity will be par plus 27%. Otherwise the payout will be par.
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 digital notes
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Underlying index: | J.P. Morgan Dynamic Blend index
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Amount: | $695,000
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Maturity: | Jan. 8, 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 27%; otherwise par
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Initial level: | 149.46
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Digital payment: | 27%
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Pricing date: | Jan. 5
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Settlement date: | Jan. 10
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Agent: | J.P. Morgan Securities LLC
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Fees: | 2.25%
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Cusip: | 48134TDE1
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