By Kiku Steinfeld
Chicago, July 5– JPMorgan Chase Financial Co. LLC priced $1 million 0% buffered return enhanced notes due June 3, 2026 linked to the MSCI ACWI index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
If the ending index level is greater than the initial level on the ending date, the payout at maturity will be par plus 1.9% of the index return.
If the ending index level is flat or falls by 10% or less, investors will receive par and will lose 1.111% for every 1% decline beyond 10%.
The ending index level is the average of the closing levels of the five consecutive market days ending May 29, 2026.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Issue: | Buffered return enhanced notes
|
| Underlying index: | MSCI ACWI index
|
| Amount: | $1,000,000
|
| Maturity: | June 3, 2026
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If ending index level is greater than the initial level on the ending date, par plus 1.9% of the index return; par if ending index level is flat or falls by less than 10%; otherwise, 1.111% loss for every 1% decline beyond 10%
|
| Initial level: | $492.12
|
| Buffer level: | 90% of initial level
|
| Pricing date: | May 31
|
| Settlement date: | June 5
|
| Underwriter: | J.P. Morgan Securities LLC
|
| Fees: | 2.52%
|
| Cusip: | 48132CTX1
|
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