New York, April 14 – JPMorgan Chase Financial Co. LLC priced $1.13 million of 0% uncapped dual directional buffered return enhanced notes due April 15, 2026 linked to the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the worst performing index gains, the payout will be par plus 107% 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 20%.
Otherwise, investors will lose 1% for every 1% that the worst performing index declines beyond 20%.
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: | Russell 2000 index and S&P 500 index
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Amount: | $1,134,000
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Maturity: | April 15, 2026
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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 107% of that index return; par plus absolute value of worst performing index return if worst performing index declines by no more than 20%; otherwise, 1% loss for every 1% that worst performing index declines beyond 20%
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Initial levels: | 1,772.443 for Russell 2000, 4,109.11 for S&P 500
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Buffer: | 20%
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Pricing date: | April 10
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Settlement date: | April 13
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Agent: | J.P. Morgan Securities LLC
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Fees: | 0%
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Cusip: | 48133VJF8
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