New York, May 8 – JPMorgan Chase Financial Co. LLC priced $250,000 of 0% capped dual directional buffered return enhanced notes due May 31, 2024 linked to the Nasdaq-100 index, Russell 2000 index and SPDR S&P 500 ETF Trust, according to a 424B2 filing with the Securities and Exchange Commission.
If the worst performing asset gains the payout will be par plus 200% of the worst performing asset return capped at par plus 14%.
The payout will be par plus the absolute value of the worst performing asset return if the worst performing asset declines but by no more than the 30% buffer.
Investors will lose 1% for every 1% that the worst performing asset declines beyond the buffer.
The securities are non-callable.
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: | Capped dual directional buffered return enhanced notes
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Underlying assets: | Nasdaq-100 index, Russell 2000 index and SPDR S&P 500 ETF Trust
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Amount: | $250,000
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Maturity: | May 31, 2024
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If worst performing asset gains par plus 200% of worst performing asset return capped at par plus 14%; par plus absolute value of worst performing asset return if worst performing asset declines but by no more than 30% buffer; 1% loss for every 1% that worst performing asset declines beyond the buffer
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Call: | Non-callable
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Initial levels: | 12,681.42 for Nasdaq-100, 1,887.896 for Russell 2000, $415.26 for SPDR S&P 500
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Cap: | 14%
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Buffer: | 30%
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Pricing date: | May 31, 2022
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Settlement date: | June 3, 2022
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Agent: | J.P. Morgan Securities LLC
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Fees: | 0.7%
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Cusip: | 48133GSL8
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