New York, Aug. 23 – JPMorgan Chase Financial Co. LLC priced $266,000 of 0% uncapped dual directional buffered return enhanced notes due Aug. 1, 2025 linked to the Nasdaq-100 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the worst performing index gains, the payout will be par plus 110% of that index’s return.
The payout will be par plus the absolute value of the worst performing index return if the worst performing index declines by no more than 15%. Otherwise, investors will lose 1% for every 1% that the worst performing index declines beyond 15%.
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 dual directional buffered return enhanced notes
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| Underlying indexes: | Nasdaq-100 index and Russell 2000 index
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| Amount: | $266,000
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| Maturity: | Aug. 1, 2025
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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 110% of that index return; par plus absolute value of worst performing index return if worst performing index declines by no more than 15%; otherwise, 1% loss for every 1% that worst performing index declines beyond 15%
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| Initial levels: | 12,947.97 for Nasdaq-100, 1,885.230 for Russell 2000
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| Buffer: | 15%
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| Pricing date: | July 29
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| Settlement date: | Aug. 3
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 0.61692%
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| Cusip: | 48133LDB5
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