E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 3/7/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $750,000 0% buffered digital notes linked to S&P 500

Chicago, March 7 – JPMorgan Chase Financial Co. LLC priced $750,000 of 0% buffered digital notes due May 16, 2025 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains, the payout at maturity will be par plus 28%. If the index declines but by no more than its 17% buffer the payout at maturity will be par. Investors will lose 1% for every 1% the index declines beyond its buffer.

The notes 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
Guarantor:JPMorgan Chase & Co.
Issue:Buffered digital notes
Underlying index:S&P 500 index
Amount:$750,000
Maturity:May 16, 2025
Coupon:0%
Price:Par
Payout at maturity:If index gains, par plus 28%; if index declines but by no more than 17% buffer, par; 1% loss for every 1% that index declines beyond the buffer
Initial level:4,023.89
Buffer:17%
Call:Non-callable
Pricing date:May 13, 2022
Settlement date:May 18, 2022
Agent:J.P. Morgan Securities LLC
Fees:0.75%
Cusip:48133FUC7

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.