By Wendy Van Sickle
Columbus, Ohio, July 12 – JPMorgan Chase Financial Co. LLC priced $10.48 million of 0% capped gears Aug. 30, 2024 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by JPMorgan Chase & Co.
The payout at maturity will be par of $10 plus triple any index gain, capped at par plus 14.7%.
Investors will be fully exposed to any index decline.
UBS Financial Services Inc. and J.P. Morgan Securities LLC are the agents.
Issuer: | JPMorgan Chase Financial Co. LLC
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Guarantor: | JPMorgan Chase & Co.
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Issue: | Capped gears
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Underlying index: | S&P 500 index
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Amount: | $10,482,450
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Maturity: | Aug. 30, 2024
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | Par plus three times any index gain, capped at par plus 14.7%; otherwise, full exposure to any index decline
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Initial level: | 4,378.41
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Pricing date: | June 27
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Settlement date: | June 30
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Agents: | UBS Financial Services Inc. and J.P. Morgan Securities LLC
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Fees: | 2%
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Cusip: | 48130Y867
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