New Issue: JPMorgan prices $730,000 autocallable accelerated barrier notes linked to S&P

Chicago, Sept. 13 – JPMorgan Chase Financial Co. LLC priced $730,000 of 0% autocallable accelerated barrier notes due Aug. 31, 2027 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called automatically on Aug. 29, 2023 at a premium of 9% if the index closes above its initial value.

If the index gains the payout will be par plus 215% of the index return. Investors will receive par if the index declines but ends at or above its 70% barrier and they will lose 1% for every 1% that the index declines if it finishes below the barrier level.

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:	Autocallable accelerated barrier notes
Underlying index:	S&P 500 index
Amount:	$730,000
Maturity:	Aug. 31, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above its initial value, par plus 215% of index return; if index declines but finishes at or above its downside threshold level, par; 1% loss for every 1% that index declines if it finishes below its downside threshold level
Call:	Automatically on Aug. 29, 2023 at a premium of 9% if the index closes above its initial value
Initial level:	4,057.66
Downside threshold:	2,840.362, 70% of initial level
Upside leverage:	215%
Pricing date:	Aug. 26, 2022
Settlement date:	Aug. 31, 2022
Agent:	J.P. Morgan Securities LLC
Fees:	0.6%
Cusip:	48133MQD5

© 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.