Chicago, July 17 – JPMorgan Chase Financial Co. LLC priced $13.21 million of 0% uncapped accelerated barrier notes due July 17, 2028 linked to the Nikkei 225 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index gains the payout at maturity will be par plus 235% of the return of the index. The payout will be par if the index declines but finishes above its 65% barrier. Investors will lose 1% for every 1% that the index declines if it closes below its barrier.
The notes are guaranteed by JPMorgan Chase & Co.
J.P. Morgan Securities LLC is the agent.
| Issuer: | JPMorgan Chase Financial Co. LLC
|
| Guarantor: | JPMorgan Chase & Co.
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| Issue: | Uncapped accelerated barrier notes
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| Underlying index: | Nikkei 225 index
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| Amount: | $13.21 million
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| Maturity: | July 17, 2028
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index gains par plus 235% of index return; par if index declines but finishes above its downside barrier; 1% loss for every 1% that index declines if it finishes below its downside barrier
|
| Initial level: | 31,943.93
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| Barrier: | 20,763.5545, 65% of initial level
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| Upside leverage: | 235%
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| Cap: | None
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| Pricing date: | July 12
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| Settlement date: | July 17
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 3.25%
|
| Cusip: | 48133YGJ7
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