By Susanna Moon
Chicago, March 7 – JPMorgan Chase Financial Co. LLC priced $4.86 million of 0% contingent buffered digital notes due Feb. 21, 2025 linked to the Russell 2000 index, the S&P 500 index and the Dow Jones Industrial Average, according to a 424B2 filed with the Securities and Exchange Commission.
If each index finishes above its initial level, the payout at maturity will be par plus the fixed return of 93.5%.
If any index falls by up to the 30% contingent buffer, the payout will be par.
Otherwise, investors will lose 1% for each 1% decline of the worst performing index.
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: | Contingent buffered digital notes
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| Underlying indexes: | Russell 2000, S&P 500 and Dow Jones industrial average
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| Amount: | $4.86 million
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| Maturity: | Feb. 21, 2025
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If each index gains, par plus 93.5%; if any index falls by up to 30%, par; otherwise, 1% loss for each 1% decline of worst performing index
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| Initial index levels: | 1,543.55 for Russell, 2,732.22 for S&P and 25,219.38 for Dow
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| Contingent buffer: | 30%
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| Pricing date: | Feb. 16
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| Settlement date: | Feb. 26
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| Agent: | J.P. Morgan Securities LLC
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| Fees: | None
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| Cusip: | 48129HN52
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