New York, July 11 – JPMorgan Chase Financial Co. LLC priced $1 million of 0% uncapped buffered return enhanced notes due July 9, 2027 linked to the Russell 2000 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the worst performing index gains the payout at maturity will be par plus 152% of the return of the worst performing index. The payout will be par if the worst performing index declines but by no more than the 10% buffer. Investors will lose 1% for every 1% that the worst performing index declines beyond the buffer.
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: | Uncapped buffered return enhanced notes
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| Underlying indexes: | Russell 2000 index and S&P 500 index
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| Amount: | $1 million
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| Maturity: | July 9, 2027
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If worst performing index gains par plus 152% of worst performing index return; par if worst performing index declines but by no more than 10% buffer; 1% loss for every 1% that worst performing index declines beyond the buffer
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| Initial levels: | 1,727.547 for Russell 2000, 3,845.08 for S&P 500
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| Upside leverage: | 152%
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| Cap: | None
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| Buffer: | 10%
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| Pricing date: | July 6
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| Settlement date: | July 11
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 1%
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| Cusip: | 48133LAA0
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