By Susanna Moon
Chicago, Feb. 27 – JPMorgan Chase Financial Co. LLC priced $65,000 of uncapped buffered return enhanced notes due Feb. 28, 2022 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 plus 1.1 times any gain.
Investors will receive par if the index falls by up to 15% and will be exposed to any losses beyond 15%.
The agent is J.P. Morgan Securities LLC.
| Issuer: | JPMorgan Chase Financial Co. LLC
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| Guarantor: | JPMorgan Chase & Co.
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| Issue: | Uncapped buffered return enhanced notes
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| Underlying index: | S&P 500 index
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| Amount: | $65,000
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| Maturity: | Feb. 28, 2022
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 1.1 times any index gain; par if index declines by up to 15%; exposure to losses beyond 15%
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| Initial value: | 2,363.81
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| Pricing date: | Feb. 23
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| Settlement date: | Feb. 28
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | 3.67308%
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| Cusip: | 46646QXN0
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