New York, April 15 – JPMorgan Chase Financial Co. LLC priced $6 million of 0% digital buffered notes due Oct. 9, 2025 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 11.38% if the index finishes at or above 85% of initial level.
Otherwise, investors will lose 1.17647% for each 1% decline beyond 15%.
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: | Digital buffered notes
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| Underlying index: | S&P 500 index
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| Amount: | $6 million
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| Maturity: | Oct. 9, 2025
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 11.38% if index finishes at or above 85% of initial level; otherwise, lose 1.17647% for each 1% decline beyond 15%
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| Initial level: | 5,204.34
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| Digital payment: | 11.38%
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| Buffer: | 15%
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| Downside leverage: | 117.647%
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| Strike date: | April 5
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| Pricing date: | April 8
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| Settlement date: | April 11
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 1.25%
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| Cusip: | 48134XWZ4
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